Angus Deaton: The cost of the 'deaths of despair' July 29, 2020

from HARDtalk· ·

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



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