EPISODE · May 8, 2026 · 36 MIN
Understanding consumption (nobel prize winner)
from Pomodoro Breaks · host Panigrahi Nirma
Angus Deaton decodes the mysterious world of household spending in Understanding Consumption. Originating from his prestigious Clarendon Lectures at Oxford, this book tackles a fundamental economic puzzle: why do we save or spend? From life-cycle theories to aggregate markets, Deaton bridges individual greed and national trends. This insightful dive reveals why spending often contradicts theory, exploring the hidden forces behind how people provide for their future, capital accumulation, and the volatility of household income.
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This episode is 36 minutes long.
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This episode was published on May 8, 2026.
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