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Economics in America

An Immigrant Economist Explores the Land of Inequality

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Economics in America

By: Angus Deaton
Narrated by: Angus Deaton
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About this listen

This audiobook narrated by Nobel Prize winner Angus Deaton shares candid reflections on the economist’s craft.

Features “Asides with Angus” as bonus material with stories and outtakes from Deaton’s recording sessions

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 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.

©2023 Angus Deaton (P)2023 Princeton University Press
Economic History Politics & Government United States Witty

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An Insiders View of US Economists and Economic Policy

A fascinating view of US economic policy, what guides and influences it, and how it has diverged from the original ideas of Adam Smith and indeed European economic ideas. A real eye opener to US society and its strengths (money for some) and weaknesses (societal breakdown).

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