A Quote by Angus Deaton

Economic growth is very important, but it is not the only thing, and it must be accompanied by sharing with those who are left behind, through effective social services and provision.
Economic growth must be the central issue because it is only through growth that the devastating threat of national bankruptcy can be averted. Furthermore, it is only by reviving American economic growth that the West's global predominance can be sustained, and peace and freedom kept secure around the world.
The police should be addressing car break-ins and burglaries and things like that. And increasingly what they're doing is providing social services. The majority of police are not trained in the provision of social services.
For decades, the Arab states have seemed exceptions to the laws of politics and human nature. While liberty expanded in many parts of the globe, these nations were left behind, their 'freedom deficit' signaling the political underdevelopment that accompanied many other economic and social maladies.
Social economic problems do not exist everywhere that an economic event plays a role as cause or effect - since problems arise only where the significance of those factors is problematical and can be precisely determined only through the application of methods of social-economics.
Economic growth driven by large-scale infrastructure investments without equitable provision of education will leave hundreds of millions of people behind, exacerbating inequality, disillusion, and instability.
Billions of people are being left behind by economic growth.
Economic growth is the key. Economic growth is the key to everything. But once you have economic growth, it is important that we reach out to people who live in the shadows, the people who don't seem to ever think that they get a fair deal.
Our economic assistance must be carefully targeted, and must make maximum use of the energy and efforts of the private sector... Economic freedom is the world's mightiest engine for abundance and social justice... Developing countries need to be encouraged to experiment with a growing variety of arrangements for profit sharing and expanded capital ownership.
Human security recognizes the importance of individuals and that the key to ensuring growth in developing countries is to foster individual talent and abilities, build self-reliance, and put people in a position to make a broader contribution to society. Growth must be inclusive, and no one must be left behind.
Through my Faith-Based and Community Initiative, my Administration continues to encourage the essential work of faith-based and community organizations. Governments can and should support effective social services, including those provided by religious people and organizations. When government gives that support, it is important that faith-based institutions not be forced to change their religious character.
In human rights theory it is very important that governments still have the primary responsibility for the standards and provision of such services even if they no longer deliver them. They must insist that the private sector delivers without discrimination. So governments still have responsibility, including the need to influence business.
In the eighties and nineties, the innovation agenda was exclusively focused on enterprises. There was a time in which economic and social issues were seen as separate. Economy was producing wealth, society was spending. In the 21st century economy, this is not true anymore. Sectors like health, social services and education have a tendency to grow, in GDP percentage as well as in creating employment, whereas other industries are decreasing. In the long term, an innovation in social services or education will be as important as an innovation in the pharmaceutical or aerospatial industry.
Climbing the economic ladder has been very hard for me; I still feel a great deal of guilt towards those I left behind.
The Republican promise is for policies that create economic growth. Republicans believe lower taxes, less regulation, balanced budgets, a solvent Social Security and Medicare will stimulate economic growth.
Economic growth is important. But we cannot count on economic growth alone to fund the public education system our children need and deserve.
Good government is one of the most important factors in economic growth and social well-being.
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