Angus Deaton

Dwight D. Eisenhower Professor of International Affairs. Professor of Economics and International Affairs, Woodrow Wilson School

Photo by Princeton University, Office of Communications, Denise Applewhite (2015)

Angus Deaton

Princeton University professor Angus Deaton has been awarded the 2015 Nobel Prize in economics for his contributions to understanding consumption, poverty and welfare. Deaton, shown here in his office Monday morning, was celebrated for studying and showing the links between individual consumption and outcomes for the economy.

Photo by Princeton University, Office of Communications, Denise Applewhite (2015)

Angus Deaton

Deaton spent the morning giving interviews as the Nobel Prize announcement spread across the world.

Photo by Princeton University, Office of Communications, Denise Applewhite (2015)

Angus Deaton

Deaton, a professor of economics and international affairs in Princeton's Woodrow Wilson School of Public and International Affairs, joined the Princeton faculty in 1983.

Photo by Princeton University, Office of Communications, Denise Applewhite (2015)

Angus Deaton

Deaton said he received word of the award in a 6:10 a.m. phone call from the Nobel committee. "If you're my age and you've been working for a long time you know this is a possibility," Deaton said. "But you also know there are a huge number of people out there who deserve this. That lightning would strike me seemed like a very small probability event. It was sort of like, 'Oh my goodness, it's really happening.'"

Photo by Princeton University, Office of Communications, Denise Applewhite (2015)

Angus Deaton

Princeton University professor Angus Deaton has been awarded the 2015 Nobel Prize in economics for his contributions to understanding consumption at the individual level and in aggregate. Deaton received word of the award in an early morning phone call from the Nobel committee. "If you're my age and you've been working for a long time you know this is a possibility," Deaton said. "But you also know there are a huge number of people out there who deserve this. That lightning would strike me seemed like a very small probability event. It was sort of like, 'Oh my goodness, it's really happening.'"

Photo by Princeton University, Office of Communications, Denise Applewhite (2015)

Angus Deaton

Deaton speaks to a large crowd of media, students, faculty and staff at a news conference in Richardson Auditorium on Monday afternoon. Among the questions: What will Deaton do next? "I would like to get back to work," he said. Deaton was joined on stage by (from right): Christopher L. Eisgruber, Princeton president; Cecilia Rouse, dean of the Woodrow Wilson School of Public and International Affairs; Janet Currie, the Henry Putnam Professor of Economics and Public Affairs and chair of the Department of Economics; and Daniel Day, assistant vice president for communications.

Photo by Princeton University, Office of Communications, Denise Applewhite (2015)

Angus Deaton

Deaton visits with two other Nobel winners from Princeton, Christopher Sims (left) and Eric Wieschaus, during a reception in his honor at Rockefeller College. Deaton received congratulations in person and by phone and email from around the world.

Photo by Princeton University, Office of Communications, Denise Applewhite (2015)

Angus Deaton

Colleagues and students applaud Deaton at a reception in the George Schultz Dining Room at the Woodrow Wilson School. "This is like a Nobel Prize for the Wilson School, and that's a truly wonderful thing," Deaton said.

Photo by Princeton University, Office of Communications, Denise Applewhite (2015)

Angus Deaton

Deaton chats at the Woodrow Wilson School reception with (from left) Currie, Rouse and Orley Ashenfelter, the Joseph Douglas Green 1895 Professor of Economics.

Photo by Princeton University, Office of Communications, Denise Applewhite (2015)