Economics in America
An Immigrant Economist Explores the Land of Inequality
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Recommendation
In this engaging though meandering book, British-born Nobel laureate Angus Deaton offers up his impressions of American-style capitalism. He gives the US system decidedly mixed reviews. Deaton found opportunity in America, moving to Princeton from England in 1983 and eventually becoming a US citizen. But he also sees much to criticize, particularly the Darwinian capitalism that chews up those at the low end of the education and income scale. Readers will find this a thought-provoking view of the American economy from an outsider, looking in.
Take-Aways
About the Author
Angus Deaton, winner of the 2015 Nobel Prize in economics, is the Dwight D. Eisenhower Professor of Economics and International Affairs Emeritus and a Senior Scholar at Princeton University. He is the co-author of Deaths of Despair and the Future of Capitalism.
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