Angus Deaton

Angus Stewart Deaton (born September 19, 1945) is a British-American economist renowned for his research on consumption, poverty, and inequality. Born in Edinburgh, Scotland, Deaton earned his doctorate from Cambridge University and spent much of his career at Princeton University. His empirical work on consumption patterns and household behavior revolutionized how economists understand economic well-being and poverty measurement. Deaton was awarded the Nobel Prize in Economic Sciences in 2015 'for his analysis of consumption, poverty, and welfare,' recognizing his profound contributions to development economics and microeconomics. His research has had significant policy implications, influencing how governments and international organizations measure poverty and design social programs. Beyond academia, Deaton has written extensively on inequality, mortality trends, and health disparities, particularly in developed nations. His book 'The Great Escape' examines the historical roots of modern inequality and health improvements. Deaton's work bridges economic theory and real-world applications, making complex economic concepts accessible to policymakers and the public.