
American Capitalism’s Poor Prognosis
Jan 13, 2021 sees little chance for reforms to mitigate inequality or repair the country's broken health-care system.
Angus Deaton, the 2015 Nobel laureate in economics, is Professor Emeritus of Economics and International Affairs at the Princeton School of Public and International Affairs and Presidential Professor of Economics at the University of Southern California. He is the co-author of Deaths of Despair and the Future of Capitalism (Princeton University Press, 2020).
Jan 13, 2021 sees little chance for reforms to mitigate inequality or repair the country's broken health-care system.
Dec 28, 2020 & warn that the pandemic has accelerated trends associated with the epidemic of deaths of despair.
Jul 17, 2020 traces the country's failure to manage the COVID-19 pandemic to the 1787 compromise that created the Senate.
Jun 15, 2020 & show that the COVID-19 crisis will exacerbate pre-existing inequalities, but not always how one might expect.
Feb 18, 2020 proposes how to address America’s “deaths of despair,” suggests which philosophers every economist should read, and shares what US voters need to know before November’s presidential election.
Tackling the COVID-19 pandemic and engineering an economic recovery are only two of the challenges facing new US President Joe Biden. Amid deep social divisions and the continued threat of right-wing extremist violence, Biden must also try to re-establish democratic political norms and restore trust in American leadership at home and abroad.