The world is a better place than it used to be. People are
wealthier and healthier, and live longer lives. Yet the escapes
from destitution by so many have left gaping inequalities between
people and between nations. In The Great Escape, Angus
Deaton--one of the foremost experts on economic development and on
poverty--tells the remarkable story of how, starting 250 years ago,
some parts of the world began to experience sustained progress,
opening up gaps and setting the stage for today's hugely unequal
world. Deaton takes an in-depth look at the historical and ongoing
patterns behind the health and wealth of nations, and he addresses
what needs to be done to help those left behind.
Deaton describes vast innovations and wrenching setbacks: the
successes of antibiotics, pest control, vaccinations, and clean
water on the one hand, and disastrous famines and the HIV/AIDS
epidemic on the other. He examines the United States, a nation that
has prospered but is today experiencing slower growth and
increasing inequality. He also considers how economic growth in
India and China has improved the lives of more than a billion
people. Deaton argues that international aid has been ineffective
and even harmful. He suggests alternative efforts--including
reforming incentives to drug companies and lifting trade
restrictions--that will allow the developing world to bring about
its own Great Escape.
Demonstrating how changes in health and living standards have
transformed our lives, The Great Escape is a powerful
guide to addressing the well-being of all nations.
Subjects: Economics, Business, Law, Political Science, History
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