Oct. 12 – Angus Deaton & Poverty

ryanBell Ringers, Economics(BR)

Oct. 12 – Angus Deaton and Poverty



On Oct. 12, 2015, Angus Deaton, professor of economics at Princeton University, won the Nobel Prize.

Deaton’s contribution focused on understanding how innovation and development affect the well-being of the world’s poor. He is a strong advocate for rethinking the way in which we think about foreign aid and how to make it effective.

The question of how best to help the poor is a hot topic. For one take on the challenges of facing the poor, watch this trailer to a documentary called Poverty Inc.:



Questions:
  1. After watching the trailer (the entire film streams on Netflix), what preconceptions do you have about foreign aid?
  2. How can we begin to think more critically about being sure we are “doing no harm” when trying to help the poor?
  3. Are there lessons for America’s domestic anti-poverty programs?

Image Citation:

12, Oct. 2015, Angus Deaton winning the Noble Prize [Digital photograph].  Retrieved from <nobelprize.org>.