Angus Deaton is a Nobel-prize winning economist known for his ground breaking work on ‘Deaths of Despair’. In this exclusive written interview with the IAI, ahead of his live online panel on the Tears of the West – tickets here, Professor Deaton explains where he has changed his mind, why economics has gone wrong and why economists need philosophy to chart a better future. 

You have been a practicing economist now for over half a century. What, if anything, have you changed your mind on?