Angus Deaton won a Nobel Prize in economics. Now he says he got it wrong on globalization.

• Angus Deaton won the Nobel Memorial Prize in economics in 2015.
• The economist has studied consumer choice, welfare, inequality, and poverty for decades.
• Now, he's revisiting some of his previously held views on unions, free trade, and immigration.

Angus Deaton is doing some rethinking.

Specifically, the 78-year-old Nobel Memorial Prize-winning economist is re-examining his views on major topics like unions, immigration, and global trade.