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The Great Escape
376 pages, 2013
A Nobel Prize–winning economist tells the remarkable story of how the world has grown healthier, and wealthier, but also more unequal over the past two and half centuries. The world is a better place than it used to be. People are healthier, wealthier, and live longer.
Yet, the escapes from destitution by, so many have left gaping inequalities between people and nations. In The Great Escape, Nobel Prize–winning economist Angus Deaton―one of the foremost experts on economic development and on poverty―tells the remarkable story of how, beginning 250 years ago, some parts of the world experienced sustained progress, opening up gaps and setting the stage for today's disproportionately unequal world.
Deaton takes an in-depth look at the historical and ongoing patterns behind the health and wealth of nations and addresses what needs to be done to help those left behind. Deaton describes vast innovations and wrenching setbacks: the successes of antibiotics, pest control, vaccinations, and clean water on the one hand, and disastrous famines and the HIV/AIDS epidemic on the other.
In The Great Escape, Angus Deaton takes us on a journey to explore the relationship between wealth and health. He digs into how advancements in medicine, technology, and income have contributed to longer, healthier lives. It's a fascinating look into the progress of humanity.
Deaton doesn't shy away from the tough topics. He takes a hard look at the role of inequality in society. He finds that while progress has been made, it's often unevenly distributed, leading to significant disparities. This book will make you think about the world in a new way.
One of the key takeaways from The Great Escape is the importance of good data. Deaton emphasizes that without accurate data, we can't make informed decisions or understand the world around us. So, if you're a data geek, you'll love this book.
Deaton takes a critical look at the impact of aid on developing countries. He argues that while aid can help, it can also create dependency and hinder progress. It's a thought-provoking perspective that challenges conventional wisdom.
In The Great Escape, Deaton highlights the power of individual choices. He shows how our decisions can shape our health, wealth, and happiness. It's a powerful reminder that we have more control over our lives than we might think.
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