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Consumer theory / Angus Deaton / Knights Bachelor / Income distribution / Consumption / John Muellbauer / Economics / Income / Poverty / Permanent income hypothesis / Macroeconomics / Microeconomics
Date: 2015-10-15 10:43:13
Consumer theory
Angus Deaton
Knights Bachelor
Income distribution
Consumption
John Muellbauer
Economics
Income
Poverty
Permanent income hypothesis
Macroeconomics
Microeconomics

THE PRIZE IN ECONOMIC SCIENCES 2015 POPULAR SCIENCE BACKGROUND Consumption, great and small The consumption of goods and services is a fundamental part of people’s welfare. The Laureate, Angus Deaton, has deepened our

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