And the 2015 ‘Nobel’ prize for Economics goes to…

Angus Deaton – “best known for his work on health, wellbeing, and economic development” (Inman, 2015) – is this year’s recipient of the Sveriges Riksbank Prize in Economic Sciences. Deaton was not an outlier candidate for the prize (Reuters had identified him in previous years as a contender) but he does offer some degree of challenge to orthodox economic thought and as one interview suggests, he values heterodoxy. The NakedKeynesianism blog offers some commentary on Deaton’s position.