Angus Deaton on Inequality, Trade, and the Robin Hood Principle
Podcast:EconTalk Published On: Mon Oct 10 2016 Description: Nobel Laureate in Economics Angus Deaton of Princeton University talks with EconTalk host Russ Roberts about the economics of trade and aid. Deaton wonders if economists should re-think the widely-held view that redistribution from rich nations to poor nations makes the world a better place. The conversation focuses on the challenges facing poor Americans including the rising mortality rate for white Americans ages 45-54.