Tuesday, October 13, 2015

Angus Deaton wins the Economics Nobel

Links to his work from Tyler Cower in Marinal Revolution. Angus Deaton appeared a few times in this blog and I read a few of his articles and paters but do not have the competence or feel to appraise it.But there arte objections to some of his work on consumption from people who studies and tried to check. Pradhamesh Turaa wrote on my wall "We actually tested their hypothesis using some data, and we realised for calorie consumption drop to reflect activity level drops would mean that majority of the country would have to shift from heavy work to sedentary work. It seemed like an absurd proposition."

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