Angus Deaton on Deaths of Despair and the Future of Capitalism

It's this sort of persistent loss of wages, which causes things like loss of marriage, people not living with their kids anymore, disintegration of communities with all of the things in those communities whether it's churches or union halls or society, just friendship that used to be there. And those are the things that cause people to lose meaning or, if you like, lose hope in their lives.Angus DeatonA full transcript is available at www.democracyparadox.com or a short review of Deaths of Despair and the Future of Capitalism  here.Angus Deaton is the Dwight D. Eisenhower Professor of Economics and International Affairs Emeritus at Princeton University, winner of the 2015 Nobel Prize in Economics, and the coauthor (with Anne Case) of Deaths of Despair and the Future of Capitalism.Key HightlightsWhat are deaths of despair and what causes themHow did the Pandemic and the Great Recession affect deaths of despairWhy does a four year college degree affect life expectancy in the United StatesHow has health care policy in the United States contributed to deaths of despairAre deaths of despair an inevitable consequence of capitalismKey LinksDeaths of Despair and the Future of Capitalism by Angus Deaton and Anne CaseNobel PrizeNational Bureau of Economic ResearchDemocracy Paradox PodcastSheryl WuDunn Paints a Picture of Poverty in America and Offers Hope for SolutionsJacob Hacker and Paul Pierson on the Plutocratic Populism of the Republican PartyMore Episodes from the PodcastMore InformationDemocracy GroupApes of the State created all MusicEmail the show at [email protected] on Twitter @DemParadoxFollow on Instagram @democracyparadoxpodcast100 Books on DemocracySupport the show