Angus Deaton

Angus Deaton is a British-American economist known for his work on poverty, consumption, and health. He gained prominence for developing methods to analyze household surveys, which help understand how income affects well-being. In 2015, he was awarded the Nobel Prize in Economic Sciences for his research on consumer behavior and its implications for economic policy. Deaton's work emphasizes the importance of measuring inequality and the influence of economic factors on health, contributing significantly to debates on poverty and welfare. His insights have helped shape policies aimed at improving living standards globally.