"Nobel Laureate economist Angus Deaton has delivered a ferocious rebuke to his own profession, saying economists have failed to understand that #capitalism is about #power."

"when efficiency comes with upward redistribution — frequently though not inevitably — our recommendations become little more than a license for plunder”

https://www.crikey.com.au/2024/03/12/nobel-laureate-economist-angus-deaton-capitalism-power/

"“We have largely stopped thinking about #ethics and about what constitutes human well-being."