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And the impact of health and education across groups in the us from the business economics meeting in washington dc yesterday. This is just under an hour. Thanks. [applause] thank you stuart. Good afternoon everyone. Dave is very privileged to introduce today and nobel laureate. Sir angus deaton was cited for the 2015 nobel prize in economics for his work about consumption, poverty and welfare. Personally, i first had the pleasure of his work on consumer theory when i was a grad student back in 1980. He followed that with extensive work on measurement , notably of price indexes between business economists greatly appreciate but professor deatons decades long work on welfare, wellbeing, and help have been major contributions to the economic literature. In this decade, as the rest of us finally became a two to the problem of income inequality here and around the world, these contributions haveguided important Public Policy prescriptions and debates. His 2013 paper with and chase, rising

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