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Angus Deaton: The cost of the 'deaths of despair'

Angus Deaton: The cost of the 'deaths of despair'

He won the Nobel Prize for economics in 2015. His new work looks at 'deaths of despair'

The Interview · BBC World Service

July 29, 202022m 59s

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Show Notes

How do we judge the health of our economic systems? HARDtalk’s Stephen Sackur speaks to the Nobel Prize winning economist Sir Angus Deaton who believes it’s about much more than the headline numbers on jobs and growth. He has focused on what he calls the deaths of despair – those attributed to suicide, drug and alcohol abuse – and concludes American capitalism is sick. Now, of course, coronavirus is having its own impact on mortality data. Does capitalism itself need emergency surgery?

Photo: 2015 Nobel Prize winner in Economics Angus Deaton Credit: AFP