The New Bazaar - Angus Deaton on life in America

Angus Deaton on life in America

09/11/23 • 72 min

Angus Deaton—Scottish immigrant, Nobelist, and one of Cardiff's favorite economists—has written a new, forthcoming book titled Economics in America: An Immigrant Economist Explore the Land of Inequality.

It’s great, if also hard to categorize.

Partly it’s a memoir, about his humble origins in Scotland, where he was born; his studies at Cambridge with better-heeled peers; and his subsequent decades as a Princeton University, Nobel Prize winning economist.

The book is also partly a reflection on a lifetime of practicing economics, and the good and bad of the economics profession. There's plenty of both.

And finally it’s a series of observations about the American economy, including a fascinating self-analysis of his own ambivalence towards the US, his adopted country—the many great things here, including the lives that he and his family have led; and also, yes, some of the devastatingly grim things about life here for so many others.

Related links:

Economics in America, by Angus Deaton (available for pre-order)
The Great Escape, by Angus Deaton
Mortality and the economy, featuring Anne Case and Angus Deaton

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It’s great, if also hard to categorize.

The book is also partly a reflection on a lifetime of practicing economics, and the good and bad of the economics profession. There's plenty of both.

Related links:

Economics in America, by Angus Deaton (available for pre-order)
The Great Escape, by Angus Deaton
Mortality and the economy, featuring Anne Case and Angus Deaton

Hosted on Acast. See acast.com/privacy for more information.

Previous Episode

Malcolm Gladwell's Next Chapter

Last summer, Cardiff interviewed Malcolm Gladwell for another podcast that he hosts called The Next Chapter, by American Express Business Class.

On that show, Cardiff interviews bestselling book authors (like Gladwell) to find out what they’ve been up to since their earlier book was published, and to learn what they would add to it now that some time has passed—hence the “Next Chapter” of the title.

And in the case of Gladwell, what he’s been up to in the last few years is podcasting. Specifically, he co-founded Pushkin Industries, a podcast production company for which he hosts his own excellent show, called Revisionist History, and has written an audiobook, The Bomber Mafia.

As it happens, Gladwell and Cardiff have the same favorite dead economist, Albert O Hirschman. And since Hirschman comes up a few times in their chat, and because the chat also covers a number of fascinating economic themes generally, it's the perfect episode to also air on The New Bazaar. The chat was recorded at Gladwell’s offices in Hudson, New York, last year.

And if you like the episode and want to hear more of these interviews, please consider subscribing to The Next Chapter on your podcast app of choice. There you'll find other interviews hosted by Cardiff with guests like Adam Grant on how to think creatively; David Epstein on why it’s good to be a generalist; Susan Cain on introversion; and Mashama Bailey and John O Morisano on entrepreneurship and partnership in business.

Here's a few places where you can find the show:

Spotify: https://open.spotify.com/show/4ILMYVnqfO0g9aVkFFqfa2?si=4eef0597c6f4466d

Apple Podcasts: https://podcasts.apple.com/us/podcast/the-next-chapter-by-american-express-business-class/id1627810508

Stitcher: https://www.stitcher.com/show/the-next-chapter-by-american-express-business-class

Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5zaW1wbGVjYXN0LmNvbS9aODFMX0ZldA

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