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Nobel Thoughts on Inequality and Well-Being: Revisiting our Conversation with Angus Deaton

October 14th, 2015

On Monday, October 12, Princeton Professor Angus Deaton was awarded the Nobel Prize in Economics for his “analysis of consumption, poverty and welfare.” As the Royal Swedish Academy of Sciences stated in its announcement, “to design economic policy that promotes welfare and reduces poverty, we must first understand individual consumption choices. More than anyone else, Angus Deaton has enhanced this understanding.”

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Our Views


Who Are the Rich and What Do We Do About Them?

December 1st, 2015

Gail FolserIn a nod to the prominence of the “tax the rich” talk in the already tedious 2016 presidential campaign, we decided to use this Commentary to examine key issues regarding the high end of the income spectrum.

How Normal Is The New Normal?

November 23rd, 2015

The global analytical community shows a striking lack of curiosity about the sustained period of subpar economic performance, reacting with shoulder-shrug references to the “new normal.”  Global growth has remained stuck at around 3.3 percent since 2011 when it just breached 4 percent.  The IMF forecast of 3.6 percent growth in 2016 would represent an improvement but would also extend what has been the most prolonged period of subpar global growth since the early 1990s.

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Client Events & Reports


January 11th, 2016

On January 11, 2016, the GailFosler Group (GFG) will again convene a private, high level group of select CEOs, Chairmen, and top policy leaders from around the world in New York City.

Most Recent

November 25th, 2015

This report analyzes the impact of trade, credit, commodity prices and China on the global growth outlook through 2018.


This report highlights long-term structural supports for growth and considers risks that could upend the economic modernization process.


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