Sep 17, 2019
Princeton economist
and Nobel Prize-winner, Sir Angus Deaton co-authored a famous study
concluding that well-being peaks at $75k/year in income. But the
results of this research go much deeper and are widely
misconstrued. The first question we wrestle with is "what
does it mean to be happy?” We also get into health, opioids, and
trout-fishing.
A native of Edinburgh,
Scotland, Angus Deaton earned his BA, MA, and PhD at Cambridge.
Since 1983, he has been a member of the Economics faculty at
Princeton University. He has won many awards, most notably
the 2015 Nobel Memorial prize in Economic
Sciences for his analysis of consumption, poverty, and
welfare. In 2016, Deaton joined the
Order of the British Empire, named Knight Bachelor "for his
services to research in economics and international
affairs.”
Check out his latest
book on Amazon: The
Great Escape: Health, Wealth, and the Origins of
Inequality
Find all things Paul
Ollinger on his website: http://paulollinger.com
Email Paul at Paul@CrazyMoneyPodcast.com