Economics in America
An Immigrant Economist Explores the Land of Inequality
Format:Hardback
Publisher:Princeton University Press
Published:3rd Oct '23
Should be back in stock very soon
This hardback is available in another edition too:
- Paperback£14.99(9780691247847)
In Economics in America, Angus Deaton offers insightful reflections on the discipline, blending personal experiences with critical societal analysis.
In Economics in America, Nobel Prize-winning economist Angus Deaton shares his candid reflections on the field of economics and its relevance to contemporary society. Having immigrated from Britain to the United States in the early 1980s, Deaton was struck by the remarkable strengths of America while also being alarmed by the stark inequalities he observed. This book provides a clear and engaging exploration of how economics tackles pressing issues such as poverty, retirement, the minimum wage, and the complexities of the American healthcare system.
Deaton's writing is characterized by wit and honesty, as he recounts his experiences as a naturalized citizen and his journey as an academic economist. He offers readers an inside look at the everyday lives of economists, sharing both their triumphs and challenges. The narrative also includes a personal account of receiving the Nobel Prize in economics, highlighting the journey that led him to Stockholm.
Throughout Economics in America, Deaton addresses the intricate relationship between economics and politics, questioning the extent to which the discipline transcends the political biases of its practitioners. He reflects on the responsibilities economists may bear for the rising despair and populism in the country, blending personal anecdotes with critical insights into the social challenges we face today. This book is both a critique of the profession and a thoughtful examination of America's policy successes and failures.
"A Financial Times Best Book of the Year: Economics"
"A Times Literary Supplement Book of the Year"
"[An] excellent new book . . . exploring everything from inequality to deaths of despair to the failures of the field in which he won the Nobel prize. It's all leavened with sardonic humor."---Nicholas Kristof
"Deaton recounts his journey to understanding the political and economic dysfunctions of his adopted home. It's sort of like Alexis De Tocqueville's classic Democracy in America, but with more numbers, more economics, and more vitriol. . . . Rare for an economist, Deaton offers a lucid and unsparing critique of America's political system."---Greg Rosalsky, NPR’s Planet Money
"Inviting and readable."---Jennifer Szalai, New York Times
"Highly enjoyable. . . . Deaton emerges from the book as a decent human being who wants to make the world a better place."---Martin Wolf, Financial Times
"Deaton’s prose is lucid and tartly down-to-earth (the U.S. government works 'to help rich predators make ordinary people poorer,' he writes), and he makes a convincing case that 'economics should be about understanding the reasons for and doing away with the sordidness and joylessness that come with poverty and deprivation.' The result is a refreshing take on America’s economic discontents." * Publishers Weekly *
"This brilliant economics study will likely engage general readers and hold their attention to the end." * Library Journal (Starred review) *
"The book is informative, given the wide range of subjects; compelling, given Deaton’s obvious authority and rich experience; and, given his flair for writing, enjoyable."---Vivek Arora, Finance & Development
"The degree to which orthodox economics is complicit in this unequal, greed-ridden house of cards is honestly faced by Angus Deaton, one of the profession’s giants, in Economics in America. A powerful mea culpa, it is also a milestone in restoring the profession to the family of human sciences."---Paul Collier, Times Literary Supplement
"Completely fascinating. . . . The book is a great read, thoughtfully and well written."---Bridget Rosewell, Society of Professional Economists
"It is a good read. . . .Deaton also knows how to entertain while informing and there are some fascinating insights and anecdotes concerning some of the economists he most respects, from James Meade to Anthony Atkinson."---Paul Fisher, Financial World
"I really enjoyed reading Angus Deaton’s Economics in America. . . .The book would be an ideal read for students, or just people who want to understand better the economic mess we’re in – we, and particularly the US. . . .This is a great read. Highly recommended."---Diane Coyle, The Enlightened Economist
"Economics in America is a beautiful read, easily done in an afternoon, and one that will stay in the mind much, much longer."---Robert A. Margo, EH.net
ISBN: 9780691247625
Dimensions: unknown
Weight: unknown
280 pages