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Angus Deaton wins the Nobel

by Alex Tabarrok on October 12, 2015 at 7:48 am in Uncategorized | Permalink

Angus Deaton of Princeton University wins the Nobel prize. Working with the World Bank, Deaton has played a huge role in expanding data in developing countries. When you read that world poverty has fallen below 10% for the first time ever and you want to know how we know— the answer is Deaton’s work on household surveys, data collection and welfare measurement. I see Deaton’s major contribution as understanding and measuring world poverty.

- See more at: http://marginalrevolution.com/marginalrevolution/2015/10/deaton.html#sthash.spAbB5vi.dpuf
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http://www.nytimes.com/2013/12/22/books/review/angus-deatons-great-escape.html