When and where was Angus Deaton born?
Angus Deaton was born in Edinburgh, Scotland on the 19th of October 1945. He attended Hawick High School before moving to Fettes College as a foundation scholar.
Angus Deaton was born in Edinburgh, Scotland on the 19th of October 1945. He attended Hawick High School before moving to Fettes College as a foundation scholar.
The title of his doctoral thesis read Models of Consumer Demand and Their Application to the United Kingdom. Richard Stone supervised this work while Terry Barker also assisted in the Department of Applied Economics.
Angus Deaton co-authored this work with John Muellbauer under the title An almost ideal demand system. The model provided a first-order approximation to any demand system that satisfied specific axioms of order.
They highlighted rising all-cause mortality rates among middle-aged white non-Hispanic Americans in the past decade. This trend appeared unique among rich countries according to their data.
The Royal Swedish Academy of Sciences awarded Angus Deaton the Nobel Memorial Prize in Economic Sciences in 2015. He described himself as someone concerned with the poor of the world and how people behave.
In June 2024 sixteen Nobel laureates signed an open letter arguing against Donald Trump's fiscal policies. Angus Deaton joined these economists in stating that trade efforts would reignite inflation in the United States.