Quote #178,328
"When I was a boy living in Edinburgh in Scotland, especially in December, when the hours of daylight..." — Angus Deaton
When I was a boy living in Edinburgh in Scotland, especially in December, when the hours of daylight were few, and it was cold, and often wet, I used to dream of escaping to a tropical magic kingdom.
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View AllThe first thing we need to understand when we think about globalization is that it has benefited an enormous number of people who are not part of the global elite.— Angus Deaton
It is true that globalization has fueled greater income inequality. But much of this increase should be welcomed, not condemned. There is nothing inherently bad about inequality. Whether it is bad depends on how it comes about and what it does.— Angus Deaton