Angus Deaton, this year’s winner of the Nobel in economic science, was honored for his rigorous and innovative use of data — including the collection and use of new surveys on individuals’ choices and behaviors — to measure living standards and guide policy.
Reliable data is essential for policy makers. But for years, Congress has cut, frozen or shortchanged the budgets of most of the nation’s 13 main statistical agencies. CONT.
New York Times Editorial Board