Congratulations to Angus Deaton on a richly deserved Nobel Prize!
I have intersected with Angus Deaton both early on in a common interest in precautionary saving and currently in a common interest in the economics of happiness and the construction of indices of National Well-Being. It has been a delight talking with Angus about many scientific issues in connection with a current grant proposal on measuring National Well-Being that both of us are a part of. Because of his considered judgment, I respect Angus’s opinions more than those of just about any other economist on the planet. If after clarification and a few minutes argument with him, I ever found I disagreed with him, my first thought would be that I was probably wrong.