GDAE Awards the 2014 Leontief Prize

The Global Development And Environment Institute will award its 2014 “Leontief Prize for Advancing the Frontiers of Economic Thought” to Angus Deaton and James K. Galbraith on Friday, April 4th in the ASEAN Auditorium.

This award recognizes the contributions that these researchers have made to the studies of poverty, inequality, and well-being, and will feature lectures on the topic of “Health, Inequality, and Public Policy.”

“For too long many economists have viewed rising inequality as an inevitable consequence of economic development,” says GDAE Co-director Neva Goodwin. “But recent economic upheavals call for a new approach to understanding the causes and consequences of inequality. Angus Deaton has demonstrated that inequality is about much more than income differences, focusing on how inequality affects the health and well-being of societies. James Galbraith has shown that inequality isn’t an outcome driven by factors outside of our control, but instead is often a direct result of the policy choices we make.”