The Great Escape: Health, Wealth, and the Origins of Inequality
The Great Escape: Health, Wealth, and the Origins of Inequality
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DOI:
10.1057/be.2014.12
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发表时间:
2014-04
影响因子:
--
通讯作者:
William R. Keech-
中科院分区:
文献类型:
--
作者:
William R. Keech-
137 need to respond to the media and for policymakers to inform public opinion and develop legislation that could have a significant impact on the firm’s bottom line. The Great Escape is a good place to start if you are looking to increase your own understanding of inequality as you attempt to add more light than heat to the debates. The great escape to which Deaton refers is the escape from death, disease, and poverty. As with the movie from which the title is taken, this great escape is the story of a remarkable achievement—an achievement that was neither inevitable nor is irreversible. Deaton reminds the reader that while the film focuses on the escape of 250 POWs from Stalag Luft III, all but three were recaptured. I found the book humbling, disquieting, and lacking in easy answers to complex questions—precisely why I also found it thoughtful and useful.The book’s author is a distinguished development economist at Princeton University and a past president of the American Economic Association. As might be expected, his book is rigorous and well documented. Perhaps less expected it is also personal and informed by his family’s escape from poverty and ascent to affluence. Deaton’s own views about this great escape and its relationship to inequality are ably argued, but they are not forced on the reader to the exclusion of other views. He believes that expert views generally should not be forced on those who are the intended beneficiaries of our assistance in making the great escape. This does not make for an easy read. Often the facts are laid out and options considered without a clear resolution of the issues raised. One of the reasons I found the book humbling is that it makes clear the extent to which the “facts” themselves are unclear. He takes us deep enough into the weeds to understand the serious shortcomings with our poverty and income measures and the practical and political difficulties of coming up with something better. Even if we agree on what and how to measure income, should we believe that official statistics accurately represent growth rates in India and China? And how far off are they from the “truth?” To cite another example, modest differences in how we set the poverty line can hugely change the number of people classified as poor in China and in the United States. More fundamentally, what does it mean to be poor in China and in the United States? If $1.50 a day would suffice to move out of extreme poverty in China, should we apply the same standard in the United States, as one North Carolina legislator did recently? Deaton prods us to consider the fundamental questions about what we mean by well-being, health, and poverty, but he does not hand out facile answers.