Natural Nobel

angus deatonThe 2015 Nobel Prize in Economic Sciences has been awarded to Angus Deaton of Princeton University. His work focuses on the individual, not the economy. He concerns himself with consumption (not incomes), including caloric intake, education, discrimination and healthcare and their impact on individual outcomes such as life expectancy of the poor, primarily in developing nations, in an effort to measure and subsequently raise living standards. He regularly wears bowties!

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