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Trending Globally: Exploring “the land of inequality” with economist Sir Angus Deaton

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Watson Institute for International and Public Affairs check_circle

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On this episode, political economist and Watson professor Mark Blyth talks with Nobel Prize-winning economist Sir Angus Deaton about his new book, “Economics in America: An Immigrant Economist Explores the Land of Inequality.” You may not know Angus Deaton by name, but you probably know a phrase he helped to make famous: “deaths of despair.” In 2015, Deaton and his wife and research partner Anne Case published a paper that revealed something startling: an increase in mortality rates among white middle-aged men and women in the 2000s and 2010s in the United States. Deaton and Case attributed this to a confluence of factors, including economic stagnation, social isolation and the opioid crisis. In explaining this topic, they did something economists usually avoid doing: They told a sweeping but still complex and nuanced story about American society and economy in the 21st century. In this conversation, Mark and Angus Deaton discuss Deaton’s new book, as well as its relationship to his work on deaths of despair. They also explore why the field of economics ignored the issue of inequality for so long, and why in the last decade that’s started to change.

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802 views 2 days ago

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,Subscribe to Odysee: https://odysee.com/@ThomasSowellTV:b The History of Black American culture in the United States: https://youtu.be/FT4NQ9D0M6w Thomas Sowell on Donald Trump: https://youtu.be/xSJxyVJjAfk Support on Patreon: https://www.patreon.com/user?u=49799823 You can support our work by buying any of Dr. Sowell's books: - Black Rednecks and white Liberals: https://amzn.to/3y2TtJv - Intellectuals and society: https://amzn.to/3kYFD5x - Intellectuals and Race: https://amzn.to/2OEyAms - Basic Economics: https://amzn.to/3kYGlzJ - Charter Schools and their enemies: https://amzn.to/3l2P3gs - Discrimination and Disparities: https://amzn.to/30w17gu - Economic Facts and Fallacies: https://amzn.to/3qy7Zo4 - The Vision of the Anointed: Self-congratulation as a Basis for Social Policy: https://amzn.to/3buiOmW Image copyright: https://depositphotos.com/ https://pexels.com https://www.dreamstime.com/ https://www.storyblocks.com/ Thomas Sowell is an American economist and political commentator. He taught economics at Cornell University, the University of California, Los Angeles, and since 1980 at the Hoover Institution at Stanford University, where he is currently a Senior Fellow. This channel helps to promote his teachings and principles of economics and philosophy. Please subscribe to this channel through the link https://www.youtube.com/channel/UC46lOhs-EHKgvjXSjz1r9Ig FAIR USE NOTICE: This video may contain copyrighted (©) material the use of which has not always been specifically authorized by the copyright owner. Such material is made available to advance understanding of ecological, political, human rights, economic, democracy, scientific, moral, ethical, and social justice issues, etc. It is believed that this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior general interest in receiving similar information for research and educational purposes.

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29K views 3 days ago

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