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 Deaton

A 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 Hightlights

• What are deaths of despair and what causes them
• How did the Pandemic and the Great Recession affect deaths of despair
• Why does a four year college degree affect life expectancy in the United States
• How has health care policy in the United States contributed to deaths of despair
• Are deaths of despair an inevitable consequence of capitalism

Key Links

Deaths of Despair and the Future of Capitalism by Angus Deaton and Anne Case

Nobel Prize

National Bureau of Economic Research

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