Angus Deaton

Globalization and technical change are the guarantee of our future prosperity. And reversing on that will not only make things worse, but it will make things worse for a very large number of people around the world who have benefitted - people in China and India who have been dragged out of the most awful poverty. ”

Political and legal institutions play a central role in setting the environment that can nurture prosperity and economic growth. ”

Broadly shared progress can be achieved with policies that are designed specifically to benefit consumers and workers. And such policies need not even include redistributive taxation, which many workers oppose. Rather, they can focus on ways to encourage competition and discourage rent-seeking. ”

Economic growth is very important, but it is not the only thing, and it must be accompanied by sharing with those who are left behind, through effective social services and provision. ”

China and India are the success stories; rapid growth in large countries is an engine that can make a colossal dent in world poverty. ”

Without effective states working with active and involved citizens, there is little chance for the growth that is needed to abolish global poverty. ”

I've written about how mortality is a wonderful indicator of societal progress. ”