Quote #178,331
"It's a murky world out there, and it's hard to figure things out sometimes." — Angus Deaton
It's a murky world out there, and it's hard to figure things out sometimes.
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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