Angus Deaton: The Great Escape: Health, Wealth, and the Origins of Inequality

Angus Deaton: The Great Escape: Health, Wealth, and the Origins of Inequality Rev Austrian Econ (2015) 28:443–447 DOI 10.1007/s11138-014-0269-5 Angus Deaton: The Great Escape: Health, Wealth, and the Origins of Inequality Princeton, NJ: Princeton University Press, 2013. xv + 360 pages. $29.95 (cloth) Trey Carson Published online: 10 April 2015 Springer Science+Business Media New York 2014 Angus Deaton’sbook, The Great Escape: Health, Wealth, and the Origins of Inequality, is a thoughtful and optimistic consideration on why some nations are wealthy, and thus healthy, and why others are not. Deaton purposefully chose the title to juxtapose his vision of progress with The Great Escape (1963) in which Steve McQueen and other POWs try to escape Nazi imprisonment–some make it and some do not. Well- researched, deftly argued, and entertaining throughout, academics and laymen alike will benefit from understanding Deaton’s point of view. Students of development and health economics will find in this book a clear introduction to modern debates in economics regarding statistical measurement, inequality, aid, and institutions. Of spe- cific interest to the Austrian economist is Deaton’saversion to the “hydraulic” approach to development and foreign aid (272). The hydraulic approach is the idea that complex social interactions can be reduced to machine-like processes where one can simply pull levers or push http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The Review of Austrian Economics Springer Journals

Angus Deaton: The Great Escape: Health, Wealth, and the Origins of Inequality

Loading next page...
 
/lp/springer_journal/angus-deaton-the-great-escape-health-wealth-and-the-origins-of-uoWYnEhGb8
Publisher
Springer US
Copyright
Copyright © 2014 by Springer Science+Business Media New York
Subject
Economics; Public Finance & Economics; Political Science; Methodology/History of Economic Thought
ISSN
0889-3047
eISSN
1573-7128
D.O.I.
10.1007/s11138-014-0269-5
Publisher site
See Article on Publisher Site

Abstract

Rev Austrian Econ (2015) 28:443–447 DOI 10.1007/s11138-014-0269-5 Angus Deaton: The Great Escape: Health, Wealth, and the Origins of Inequality Princeton, NJ: Princeton University Press, 2013. xv + 360 pages. $29.95 (cloth) Trey Carson Published online: 10 April 2015 Springer Science+Business Media New York 2014 Angus Deaton’sbook, The Great Escape: Health, Wealth, and the Origins of Inequality, is a thoughtful and optimistic consideration on why some nations are wealthy, and thus healthy, and why others are not. Deaton purposefully chose the title to juxtapose his vision of progress with The Great Escape (1963) in which Steve McQueen and other POWs try to escape Nazi imprisonment–some make it and some do not. Well- researched, deftly argued, and entertaining throughout, academics and laymen alike will benefit from understanding Deaton’s point of view. Students of development and health economics will find in this book a clear introduction to modern debates in economics regarding statistical measurement, inequality, aid, and institutions. Of spe- cific interest to the Austrian economist is Deaton’saversion to the “hydraulic” approach to development and foreign aid (272). The hydraulic approach is the idea that complex social interactions can be reduced to machine-like processes where one can simply pull levers or push

Journal

The Review of Austrian EconomicsSpringer Journals

Published: Apr 10, 2014

References

You’re reading a free preview. Subscribe to read the entire article.


DeepDyve is your
personal research library

It’s your single place to instantly
discover and read the research
that matters to you.

Enjoy affordable access to
over 12 million articles from more than
10,000 peer-reviewed journals.

All for just $49/month

Explore the DeepDyve Library

Unlimited reading

Read as many articles as you need. Full articles with original layout, charts and figures. Read online, from anywhere.

Stay up to date

Keep up with your field with Personalized Recommendations and Follow Journals to get automatic updates.

Organize your research

It’s easy to organize your research with our built-in tools.

Your journals are on DeepDyve

Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.

All the latest content is available, no embargo periods.

See the journals in your area

DeepDyve Freelancer

DeepDyve Pro

Price
FREE
$49/month

$360/year
Save searches from
Google Scholar,
PubMed
Create lists to
organize your research
Export lists, citations
Read DeepDyve articles
Abstract access only
Unlimited access to over
18 million full-text articles
Print
20 pages/month
PDF Discount
20% off