Angus Deaton Quotes

Globalization has benefited middle-income less than either richer or poorer countries.

Globalization is a harsh god.

This globalization is lifting up hundreds of millions of people out of poverty. The Left needs to see that.

We are beginning to see the benefits of global consolidation.

Right now people seem to be very tentative about the positive benefits of capitalism.

We have benefited greatly from the globalization of the economy in the last 30 years.

In my mind globalization means returning the industrial revolution back to square one.

Wild globalization has helped some people much, but has hurt most.

The benefits of globalization do not trickle down automatically. It takes politics to make sure that there is a benefit.

It is true that globalization has fueled greater income inequality. But much of this increase should be welcomed, not condemned. There is nothing inherently bad about inequality. Whether it is bad depends on how it comes about and what it does.

We must take care that globalization does not become something people become afraid of.

Engineers in the developed world should be arguing not for protectionism but for trade agreements that seek to establish rules that result in a real rise in living standards. This will ensure that outsourcing is a positive force in the developing nation's economy and not an exploitative one.

We must create a kind of globalization that works for everyone... and not just for a few.

Much of what we consider the American way of life is rooted in the period of remarkably broad, shared economic growth, from around 1900 to about 1978.

This dilettante notion that the global economy is evil because big corporate leaders make too much money... they do make too much money, but the only way we've figured out how to generate wealth in this world is through the market economy.

Under the process of ongoing globalization, advantages are, in the main, created for a minority of countries and development centres as well as powerful transnational companies.

And so in terms of territorial control, in terms of economic preeminence, the western share of the gross world product is declining as Asian societies in particular develop economically.

Globalization doesn't have to be a bad thing as long as government provides us all with the tools to cope in a changing world.

Capitalism has its weaknesses. But it is capitalism that ended the stranglehold of the hereditary aristocracies, raised the standard of living for most of the world and enabled the emancipation of women.

I went back to graduate school with the clear intention that what I wanted to do with my life was to improve societies, and the way to do that was to find out what made economies work the way they did or fail to work.

Accordingly, globalization is not only something that will concern and threaten us in the future, but something that is taking place in the present and to which we must first open our eyes.

We may believe in the state's responsibility to alleviate the crushing poverty that afflicts 40 percent of Latin America's population, but most of us also affirm that there is no better cure for that poverty than a stronger, more globally integrated economy.

I like globalization; I want to say it works, but it is hard to say that when six hundred million people are slipping backwards.

I wonder how many people would have thought at the end of World War II that the capitalist system would be one that was meeting the challenges and making things better for people as we approach the 21st century.

Although globalization is inexorable, its benefits are not.