Angus Deaton

Economist Researcher British-American Born 1945 (age 81)

Studied consumption, poverty and welfare using microeconomic data.

384 quotes

"Rational economic man is a fiction we can no longer afford"
Philosophy
"Freedom has both material and immaterial dimensions"
Freedom
"The struggle against inequality begins with seeing it clearly"
Courage
"Consumption patterns reveal what we truly value"
Truth
"The grandeur of human aspiration exceeds our economic models"
Inspiration
"Well-being is democratic; it belongs to all or none"
Peace
"We are all products of history, yet we can shape tomorrow"
Change
"The gap between rich and poor is widening because we allow it"
Power
"Time is the ultimate luxury good in modern society"
Time
"Dignity cannot be purchased; it must be preserved"
Kindness
"The best policy is informed by the lived experience of those it affects"
Leadership
"Mortality and the fear of it shape our economic choices profoundly"
Death
"We measure what we care about, yet often care about what we measure"
Wisdom
"Economic history teaches us that change is constant but progress is not inevitable"
History
"The conversation between theory and practice is where truth emerges"
Knowledge
"Gratitude for what we have requires understanding what others lack"
Gratitude
"Innovation without compassion creates new forms of inequality"
Technology
"The strength of a society is measured by how it treats its weakest members"
Strength
"Patient observation teaches more than hasty conclusions"
Patience
"Art and science are not opposites; both seek to illuminate truth"
Art
"The fear of poverty shapes behavior more than poverty itself sometimes does"
Fear
"Imagination is the capacity to see beyond current circumstances"
Imagination
"Money is a tool; the question is what we build with it"
Money
"Health is not merely the absence of disease but presence of possibility"
Health
"Adventure into data requires the same courage as physical exploration"
Adventure
"History teaches that inequality is not natural; it is constructed"
History
"The pursuit of happiness often obscures the pursuit of meaning"
Happiness
"Literature captures truths that statistics miss"
Literature
"War's greatest cost is not measured in money but in lost potential"
War
"Motivation without understanding is just motion"
Motivation