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Tuesday, May 21, 2024

A Nobel prize-winning immigrant’s view on American inequality

In October 2015, Princeton economist Angus Deaton got an early-morning call from Sweden that most scholars can only dream of. Groggy and bleary-eyed, Deaton learned that he had won the Nobel Prize in economics “for his analysis of consumption, poverty, and welfare.” For most award winners, the storm …

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