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And the 2015 ‘Nobel’ prize for Economics goes to…

Angus Deaton – “best known for his work on health, wellbeing, and economic development” (Inman, 2015) – is this year’s recipient of the Sveriges Riksbank Prize in Economic Sciences. Deaton was not an outlier candidate for the prize (Reuters had identified him in previous years as a contender) but he does offer some degree of challenge to orthodox economic thought and as one interview suggests, he values heterodoxy. The NakedKeynesianism blog offers some commentary on Deaton’s position.

Posted in economics.