Review: The Great Escape: Health, Wealth, and the Origins of Inequality

The Great Escape: Health, Wealth, and the Origins of Inequality
The Great Escape: Health, Wealth, and the Origins of Inequality by Angus Deaton

My rating: 3 of 5 stars

Interesting stuff on (in)equality and the effects of Aid. Some a bit too much details (technical side of Purchasing Power Parity). However, always very accesible and readable.
I did skim parts because I had to return the book to the library…

p69: Mortality curves (deaths per 1000 at different ages) have shape reminiscent of Nike “swoosh”.

IMG_3234.JPG

P89 Adult life expectancy (number of additional years to live). Figure 5: Until around 1900, adult life expectancy (at age 15)in Britain was actually higher than life expectancy at births. So a 15-year old was expected to live more years than a newborn.

IMG_3233

p143 Doblhammer & Vaupel (PNAS, 2000): in Northern Hemisphere life expectancy at 50 is half a year higher for people born in October than for people born in April. The pattern is reversed in the Southern Hemisphere, except for those born in the North who later emigrated to the South; they too show the Northern pattern. Plausible reason: green leafy vegetables, chicken, and eggs used to be readily and cheaply available only in the spring, which meant that nutrition in the womb was better for unborn children whose due date was in the autumn.
http://www.pnas.org/content/98/5/2934…

p157: Case&Paxton; Deprivation in childhood can have serious and long-lasting consequences (e.g. shorter people). Cognitive function develops along with the rest of the body, so that shorter people, on average, are not as smart as taller people
https://www.princeton.edu/rpds/papers…

p210: One study showed that top executives in oil companies were paid more when teh price of oil was high, suggesting that the rewards were paid because the money was there, not because the recipients had done anything to earn it.
http://faculty.chicagobooth.edu/maria…

p254-255: In 1990 Indian National Survey changed question: how much rice have you consumed in past 30 days, to ‘in past 7 days’. “This obscure and technical statistical change cut the Indian national poverty rate by half; 175 people wer no longer poor”

p324: “When Princeton students come to talk with me, (…) I steer them away from plans to tithe from their future incomes, and from using their often formidable talents to increase the amounts of foreign aid. I tell them to work on and within our 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.”

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