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Deaton Paradox and The Great Escape
The Deaton Paradox suggests that income should be smoother than consumption, based on empirical observations. In his book "The Great Escape," he explored how health and technological advances contribute to inequality and influence policy and taxation debates.
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The Deaton Paradox suggests that income should be smoother than consumption, based on empirical observations. In his book "The Great Escape," he explored how health and technological advances contribute to inequality and influence policy and taxation debates.
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