17 Dec 2015

2015 Nobel Prize winner Angus Deaton

From Nine To Noon, 9:27 am on 17 December 2015

Angus Deaton is this year's Nobel Prize winner prize in economic sciences for his analysis of consumption, poverty, and welfare. He was awarded the honour because his work has helped to provide answers for three big questions in economics: How do consumers distribute their spending among different goods? How much of society's income is spent and how much is saved? How do we best measure and analyze welfare and poverty?