LEADER 00000cam 2200397 i 4500 001 sky308807462 003 SKY 005 20231204103654.0 008 230324s2023 nju b 001 0 eng 010 2023011502 015 GBC3F3768|2bnb 020 9780691247625 020 0691247625 040 DLC|beng|erda|cDLC|dDLC|dCoBro|dSKYRV|dUtOrBLW 043 n-us--- 092 339.2209|bDEA 100 1 Deaton, Angus,|eauthor. 245 10 Economics in America :|ban immigrant economist explores the land of inequality /|cAngus Deaton. 264 1 Princeton :|bPrinceton University Press,|c[2023] 300 xiii, 271 pages ;|c23 cm. 336 text|btxt|2rdacontent 337 unmediated|bn|2rdamedia 338 volume|bnc|2rdacarrier 504 Includes bibliographical references and index. 505 0 Beginnings: fast food restaurants, gangsters, and the minimum wage -- Adventures in American healthcare -- Poverty at home and poverty abroad -- The politics of numbers: fixing the price? -- Material inequality -- Inequalities beyond money -- Retirement,pensions and the stock market -- Economists at work -- Nobel prizes and Nobel Laureates -- Did economists break the economy? -- Finale: Is economic failure a failure of economics? 520 When economist Angus Deaton immigrated to the United States from Britain in the early 1980s, he was awed by America's strengths and shocked by the extraordinary gaps he witnessed between people. This book explains in clear terms how the field of economics addresses the most pressing issues of our times-from poverty, retirement, and the minimum wage to the ravages of the nation's uniquely disastrous health care system-and narrates Deaton's own account of his experiences as a naturalized US citizen and academic economist.Deaton is witty and he pulls no punches. In this incisive, candid, and funny book, he describes the everyday lives of working economists, recounting the triumphs as well as the disasters, and tells the inside story of the Nobel Prize in economics and the journey that led him to Stockholm to receive one. He discusses the ongoing tensions between economics and politics-and the extent to which economics has any content beyond the political prejudices of economists-and reflects on whether economists bear at least some responsibility for the growing despair and rising populism in America.Blending rare personal insights with illuminating perspectives on the social challenges that confront us today, Deaton offers a disarmingly frank critique of his own profession while shining a light on his adopted country's policy accomplishments and failures. 650 0 Income distribution|zUnited States. 650 0 Consumption (Economics)|zUnited States. 650 0 Poverty|zUnited States. 650 0 Capitalism|xSocial aspects|zUnited States. 650 7 Capitalism|xSocial aspects.|2fast 650 7 Consumption (Economics)|2fast 650 7 Income distribution.|2fast 650 7 Poverty.|2fast
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