蜜芽传媒

He was a scholarship kid with an interest in maths, who fell into economics almost by accident. But today the British US economist, Professor Angus Deaton was awarded this year's Nobel Prize in Economic Sciences. He was lauded by the Royal Swedish Academy for his ground breaking work using household surveys to show how consumers, especially the poor, decide what to buy - which has helped shape economic policy around the world. His work has also focused on the impact of inequality in society and how to best measure poverty and living standards. Professor Deaton grew up in Edinburgh, but has been a faculty member at Princeton in the US for more than three decades. He told Susannah Streeter where he was when he heard the news of the award.

(Picture: The Nobel economics prize was announced in Stockholm. Picture credit: EPA.)