A Quote by Angus Deaton

It is true that globalization has fueled greater income inequality. But much of this increase should be welcomed, not condemned. There is nothing inherently bad about inequality. Whether it is bad depends on how it comes about and what it does.

Angus Deaton

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About Bad Condemned Depends Does Fueled Globalization Greater How Income Income Inequality Increase Inequality Inherently Much Nothing Should True Welcomed Whether

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Angus Deaton
British - Economist
Born: October 19, 1945

Hillary Clinton, income inequality, it's richest damn woman next to the Kennedy family, and you're trying to tell me she cares about income inequality?

Joe Biden

Income inequality has no necessary connection with poverty, the lack of material resources for a decent life, such as adequate food, shelter, and clothing. A society with great income inequality may have no poor people, and a society with no income inequality may have nothing but poor people.

Robert Higgs

True education makes for inequality; the inequality of individuality, the inequality of success, the glorious inequality of talent, of genius.

Felix Schelling

When I was poor and I complained about inequality they said I was bitter. Now I'm rich and I complain about inequality they say I'm a hypocrite. I'm starting to think they just don't want to talk about inequality.

Russell Brand

There have always been two theories about inequality. One is that it reflects just deserts. The other is that there are large elements of exploitation and inequality of opportunities. The evidence is overwhelmingly that the increase in inequality is associated with those negative factors. If it were all social contribution, then when the top did better, they would be contributing to everybody's well-being. That trickle-down hasn't happened. We've seen median income, people in the middle, actually worse off than they were 25 years ago.

Joseph Stiglitz

I'm very keen that we have this debate about the good parts of inequality and the bad parts of inequality. It's not a one-sided thing.

Angus Deaton

There is greater income inequality in the United States than in any other industrialized country. Yes, the debt is a problem that must be dealt with. To me, however, the disappearing middle class is even worse - bad for our economy and really bad for our democracy.

Jan Schakowsky

There is far too little discussion in Washington about the collapse of the middle class , almost no discussion at all about the incredible income inequality and wealth inequality in this country, and the fact that we're moving toward an oligarch form of society.

Bernie Sanders

They talk about income inequality. I’m for income inequality.

Rick Santorum

Does inequality in the distribution of income increase or decrease in the course of a country's economic growth?

Simon Kuznets

Socialism violates at least three of the Ten Commandments: It turns government into God, it legalizes thievery and it elevates covetousness. Discussions of income inequality, after all, aren't about prosperity but about petty spite. Why should you care how much money I make, so long as you are happy?

Ben Shapiro

A lot of our sources for income-inequality measures come from household surveys in which people report how much they earned in the last year, how much income they have, and so on. Those are not as well funded as they should be. We need to have those numbers.

Angus Deaton

Unequal Democracy is the sort of book to which every political scientist should aspire--it is methodologically rigorous, conceptually serious, and above all, it addresses urgent concerns of our fellow citizens. As Bartels shows, much of what we think we know about the politics of economic inequality is dead wrong. Bartels's perplexing and often unexpected discoveries should help refocus the gathering public debate about inequality and what to do about it.

Robert D. Putnam

It's really difficult for mainstream - let's say, cable outlets - to talk about things like income inequality, wealth inequality when the advertisers that are funding their shows are the same corporations that want to ensure that the same system continues.

Ana Kasparian

Here's what income and wealth inequality is about. Last year, the top 25 hedge fund managers made more than 24 billion, enough to pay the salaries of 425,000 public school teachers. This level of inequality is neither moral or sustainable

Bernie Sanders

Monetary policy is a blunt tool which certainly affects the distribution of income and wealth, although whether the net effect is to increase or reduce inequality is not clear.

Ben Bernanke

A Quote by Angus Deaton

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