Economics

Princeton's Angus Deaton Wins Nobel Prize for Economics

Nobel Prize Winner Angus Deaton's Message on Inequality

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Angus Deaton of Princeton University was awarded the 2015 Nobel Prize in Economics for his analysis of consumption, poverty and welfare, the Royal Swedish Academy of Sciences said on Monday.

When the Academy called, “I was pretty sleepy...I was delighted,” Deaton told reporters via a phone line created with the Swedish capital on Monday. “Like many economists, I knew this was a possibility, and was delighted to hear” from Stockholm.