Economics in America
eBook - ePub

Economics in America

An Immigrant Economist Explores the Land of Inequality

  1. 264 pages
  2. English
  3. ePUB (mobile friendly)
  4. Available on iOS & Android
eBook - ePub

Economics in America

An Immigrant Economist Explores the Land of Inequality

About this book

From the Nobel Prize–winning economist and New York Times bestselling coauthor of Deaths of Despair and the Future of Capitalism, candid reflections on the economist’s craft

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. 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.

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Yes, you can access Economics in America by Angus Deaton in PDF and/or ePUB format, as well as other popular books in Volkswirtschaftslehre & Wirtschaftsgeschichte. We have over one million books available in our catalogue for you to explore.

Table of contents

  1. Cover
  2. Title Page
  3. Copyright
  4. Dedication
  5. Contents
  6. Preface
  7. 1. Beginnings: Fast-Food Restaurants, Gangsters, and the Minimum Wage
  8. 2. Adventures in American Healthcare
  9. 3. Poverty at Home and Poverty Abroad
  10. 4. The Politics of Numbers: Fixing the Price?
  11. 5. Monetary Inequality
  12. 6. Inequalities beyond Money
  13. 7. Retirement, Pensions, and the Stock Market
  14. 8. Economists at Work
  15. 9. Nobel Prizes and Nobel Laureates
  16. 10. Did Economists Break the Economy?
  17. 11. Finale: Is Economic Failure a Failure of Economics?
  18. Acknowledgments
  19. Notes
  20. Index