"I'm absolutely delighted," says Angus Deaton ofPrinceton University. He won for "his analysis of consumption, poverty, and welfare," the Nobel Committee says.
Angus Deaton is the winner of the Nobel Memorial Prize in Economic Science. His studies touch on consumption, poverty and welfare. He is a dual citizen of the United States and the United Kingdom.
NPR's Robert Siegel speaks with our regular political commentators E.J. Dionne of The Washington Post and Brookings Institution and David Brooks of The New York Times. They discuss Rep. Kevin McCarthy's decision to withdraw from the race for the next Speaker of the House, Hillary Clinton's opposition to the TPP, and the Russian strategy in Syria.
A big sticking point in the negotiations over the Trans-Pacific Partnership involved biologics medicines and vaccines created from living organisms. The dispute centered on patent protection: how many years drug companies should have before facing competition from generics. The negotiators ended up with a complicated compromise that gives drug makers five to eight years of protection. But nobody is really happy with the outcome.
After revelations it cheated emissions tests, Volkswagen is vowing to win back the public's trust. But, experts say, it will take a long time. First, the automaker needs to let the crisis play out.
Negotiators reached agreement on a massive trade deal this week. It sets in motion a complex political fight — one that involves federal policy, the national economy, President Obama's legacy, and creates a backdrop for the 2016 presidential election.
Philadelphia's award-winning City Paper is the latest casualty among alternative weekly publications, which have struggled in recent years. Steve Inskeep talks to former staff writer Daniel Denvir.
Sen. Orrin Hatch of Utah has reservations on where the Trans-Pacific Partnership landed on patent protection. NPR's Robert Siegel talks to the senator about the GOP reaction to the trade deal.