Globalisation, for me, seems to be not first-order harm, and I find it very hard not to think about the billion people who have been dragged out of poverty as a result.
Angus DeatonRead
Economic growth is very important, but it is not the only thing, and it must be accompanied by sharing with those who are left behind, through effective social services and provision.
Interpretation
What this quote means
Economic growth is essential, but it should also focus on helping those who are disadvantaged.
This quote emphasizes that while economic growth is vital for a society's advancement, it should not be the sole focus. True progress should also consider those who are marginalized or 'left behind', advocating for the provision of social services and support that ensure equitable sharing of resources and opportunities.
Themes
Economic GrowthSocial ServicesEquityProgressSharing
In practice
Example use cases
During a community meeting discussing local policies, this quote can be used to advocate for equitable resource distribution.
More from Angus Deaton
All quotes →My work shows how important it is that independent researchers should have access to data so that government statistics can be checked and so that the democratic debate within India can be informed by the different interpretations of different scholars.
Angus DeatonRead
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