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Nobel Prize winner Angus Deaton shares 3 big ideas

Angus Deaton has won this year’s Nobel Prize in economics for a string of landmark findings on the study of consumption, which have shaped policy and academic studies across the world.

From global inequality to foreign aid, the 69-year old Scottish academic has displayed little hesitation in wading into sensitive debates that are linked to his 40-years-long research agenda.

Hours after receiving the news of his award, Mr Deaton shared with the Financial Times his sometimes controversial views on three of his biggest topics.

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