Is It Better to Be Poor in Bangladesh or the Mississippi Delta?
Is It Better to Be Poor in Bangladesh or the Mississippi Delta?
- Angus Deaton studies the grand questions not just of economics but of life. What makes people happy? How should we measure well-being? Should countries give foreign aid? What can and should experiments do? Is inequality increasing or decreasing? Is the world getting better or worse?
- Angus Deaton studies the grand questions not just of economics but of life. What makes people happy? How should we measure well-being? Should countries give foreign aid? What can and should experiments do? Is inequality increasing or decreasing? Is the world getting better or worse?
Better, he believes, truly
better. But not everywhere or for everyone. This week, in a speech at a
conference held by the National Association for Business Economics,
Deaton, the Nobel laureate and emeritus Princeton economist, pointed out
that inequality among countries is decreasing, while inequality within
countries is increasing. China and India are making dramatic economic