01981nam a22001937a 450000500170000000800410001702000180005803700120007604000130008808400170010110000180011824500810013626000320021730000670024952014030031665000250171965000240174465000190176820260408102735.0260316b        |||||||| |||| 00| 0 eng d  a9780691247625  cTextual  aRTLcRTL  qRTLaX.73 R3  aDeaton, Angus  aEconomics in America: An immigrant economist explores the land of inequality  aNew JerseybPrincetonc2023  axiii, 271 p. : ill.bIncludes bibliographic references & Index  aWhen 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. Economics in America explains in clear terms how the field of economics addresses the most pressing issues of our time—from poverty, retirement, and the minimum wage to the ravages of the nation’s uniquely disastrous health care system—and narrates Deaton’s account of his experiences as a naturalized US citizen and academic economist.

Deaton is witty and 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.  2Economics in America  2Immigrant Economist  2Social Science