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The Great Escape

Angus Deaton

The Great Escape

by Angus Deaton

The Great Escape

Angus Deaton

5 min
3 key insights
Visual, audio & text

Nobel Prize winner Angus Deaton explains the relationship between economic growth, inequality, and human wellbeing.

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The Great Escape

by Angus Deaton

The Great Escape

Angus Deaton

Overview

Over the past 250 years, the world has made significant progress in terms of human wellbeing. On average, we are happier, have more control over our lives, and we live longer. This is largely due to economic growth and major scientific discoveries. However, not all parts of the world are developing at the same rate, and large portions of the world's population are still living under very harsh conditions.

Angus Deaton is the Dwight D. Eisenhower Professor of Economics at Princeton University and 2015 winner of the Nobel Memorial Prize in Economic Sciences. The author is a world-renowned expert on economic development, welfare, health inequality, and poverty.

In the Great Escape, Deaton explains how different parts of the world have progressed in the last two and a half centuries, and how this progress has led to huge inequalities in health and wealth.

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"Escapes leave people behind, and luck favors some and not others; it makes opportunities, but not everyone is equally equipped or determined to seize them. So the tale of progress is also the tale of inequality."

Angus Deaton

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The Great Escape

Angus Deaton

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