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Keyword: angusdeaton

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  • Nobel Economist Reverses His Support for Migration

    03/11/2024 9:09:44 PM PDT · by Chad C. Mulligan · 46 replies
    Breitbart ^ | 11 Mar 2024 | Neil Munro
    Migration and free trade impose huge unrecognized costs on ordinary people, says a Nobel-awarded Princeton economist who previously supported the unpopular, elite-backed policies. “I used to subscribe to the near consensus among economists that immigration to the US was a good thing,” Professor Angus Deaton wrote in a post for the International Monetary Fund. He continued: Longer-term analysis over the past century and a half tells a different story. Inequality was high when America was open [to migration], was much lower when the borders were closed [to migrants], and rose again post Hart-Celler (the Immigration and Nationality Act of 1965)...
  • America’s self-destructive whites

    01/01/2016 6:59:47 PM PST · by 2ndDivisionVet · 66 replies
    The Washington Post ^ | December 31, 2015 | Fareed Zakaria
    Why is Middle America killing itself? The fact itself is probably the most important social science finding in years. It is already reshaping American politics. The Post's Jeff Guo notes that the people who make up this cohort are "largely responsible for Donald Trump's lead in the race for the Republican nomination for president." The key question is why, and exploring it provides answers that suggest that the rage dominating U.S. politics will only get worse. For decades, people in rich countries have lived longer. But in a well-known paper, economists Angus Deaton and Anne Case found that over the...