Plot summary, “The Great Escape” by Angus Deaton in 4 Minutes - Book Review
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Awarded the 2015 Nobel Memorial Prize in Economic Sciences, Angus Deaton’s The Great Escape (2015) explores the historical roots of global economic inequality. In this plot summary, Deaton describes how humanity’s “escape” from poverty and early death has been uneven, leading to vast disparities in health, wealth, and opportunity. He links economic progress with inequality, showing how advancements in longevity and living standards benefit the rich far more than the poor. The summary highlights Deaton’s critique of foreign aid, which he argues often undermines democracy and fails to reach the world’s neediest populations. Despite concerns about rising inequality and stagnating growth, Deaton remains cautiously optimistic that humanity’s drive for progress will continue. Ultimately, The Great Escape offers a compelling summary of the economic and moral challenges shaping global development today.
Sir Angus Stewart Deaton (born 19 October 1945) is a British-American economist and academic. Deaton is a Senior Scholar and the Dwight D. Eisenhower Professor of Economics and International Affairs Emeritus (since 2016) at the Princeton School of Public and International Affairs and the Economics Department at Princeton University. His research focuses primarily on poverty, inequality, health, wellbeing, and economic development. In 2015, he was awarded the Nobel Memorial Prize in Economic Sci...
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