Ep. 423: Angus Deaton Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
Michael Covel
4.6 • 732 Ratings
🗓️ 12 February 2016
⏱️ 43 minutes
🧾️ Download transcript
Summary
My guest today is Angus Deaton, the fifth Nobel Prize winner to appear on this podcast. Deaton is a British American economist, and currently a Senior Scholar and the Dwight D. Eisenhower Professor of Economics and International Affairs Emeritus at the Princeton School of Public and International Affairs and the Economics Department at Princeton University. His research focuses primarily on poverty, inequality, health, wellbeing, and economic development. In 2015, he was awarded the Nobel Memorial Prize in Economic Sciences for his analysis of consumption, poverty, and welfare.
The topic is his book The Great Escape: Health, Wealth, and the Origins of Inequality.
In this episode of Trend Following Radio we discuss:
- Unemployment
- Minimum Wage
- Poverty
- Economics
- Money and happiness
- The birth lottery
Jump in!
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I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show.
To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/
You can watch a free video here: https://www.trendfollowing.com/video/
Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast
My social media platforms:
Twitter: @covel
Facebook: @trendfollowing
LinkedIn: @covel
Instagram: @mikecovel
Hope you enjoy my never-ending podcast conversation!
Transcript
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| 0:00.0 | This is Trend Following Radio, where great thinking comes alive. |
| 0:10.9 | Nobel Prize winners, legendary traders, bestselling authors, and the pros that know what drive us irrational human beings. |
| 0:21.1 | I am your host, Michael Covel. |
| 0:24.0 | Not filtered, raw, honest. |
| 0:27.4 | That's my passion. |
| 0:33.1 | I guest today is Angus Deaton. |
| 0:35.5 | He is a British American economist. |
| 0:37.5 | In 2015, he was awarded the Nobel Memorial Prize at Economic Sciences |
| 0:42.2 | for his analysis of consumption, poverty, and welfare. |
| 0:46.9 | And those topics go directly into one of the most hotly politicized debates, discussions that we can possibly have as a humanity, |
| 0:58.2 | which is inequality. |
| 1:00.1 | Angus brings some great insights to the subject of inequality. |
| 1:04.2 | As a side note, I think I was slightly motivated after meeting with Barry Rittholz in |
| 1:09.9 | December. |
| 1:12.8 | As we were talking about our podcast, |
| 1:18.2 | we were talking about Nobel Prize winners that we had each had on our podcast. And I think we were tied. I think Barry had four and I had four. But Barry also remarked that he's had far fewer |
| 1:25.1 | episodes than I have had. |
| 1:27.9 | Well, which is a true point. |
| 1:30.3 | So in the spirit of trying to stay competitive on my podcast and making sure that I bring |
| 1:35.8 | on the brightest minds alive today and continuing to find those Nobel Prize winners, |
| 1:45.8 | I hope you enjoy this conversation with Angus Deaton. |
| 1:57.7 | Where are you? |
... |
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