How Angus Deaton thinks you can make the world a better place

When Princeton students come to talk with me, bringing their deep moral commitment to helping make the world a better, richer place, it is these ideas that I like to discuss, steering them away from plans to tithe from their future incomes, and from using their often formidable talents of persuasion to increase the amounts of foreign aid. I tell them to work on and within their own governments, persuading them to stop policies that hurt poor people, and to support international policies that make globalization work for poor people, not against them.

This is (almost) the end of Deaton’s book The Great Escape: Health, Wealth, and the Origins of Inequality. This counsel reminds me of the Commitment to Development Index, which shows that there are many policies that rich countries can enact to help the poor beyond their borders besides providing foreign aid, such as easier migration rules and lower tariffs.

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