Most people believe that inequality is rising - and indeed it has been rising for a while in a number of rich countries. And there is lots of talk and realization of this. It's harder to understand that at the same time, you can actually have global inequality going down. Technically speaking, national inequality can increase in every single country and yet global inequality can go down. And why it is going down is because very large, populous, and relatively poor countries like India and China are growing quite fast.
The middle class in the rich countries is where the political game is being played. They are voting in elections in the U.S., U.K., France and German… - Branko Milanovic
The middle class in the rich countries is where the political game is being played. They are voting in elections in the U.S., U.K., France and German…
- Branko Milanovic
Global inequality is such an abstract concept, simply because there is no global government. Telling people in rich countries who have had no increas… - Branko Milanovic
Global inequality is such an abstract concept, simply because there is no global government. Telling people in rich countries who have had no increas…
Most people believe that inequality is rising - and indeed it has been rising for a while in a number of rich countries. And there is lots of talk an… - Branko Milanovic
Most people believe that inequality is rising - and indeed it has been rising for a while in a number of rich countries. And there is lots of talk an…
People in the rich countries who have done very well, who are at the top of the income pyramid, try to steamroll over the opposition of the middle wi… - Branko Milanovic
People in the rich countries who have done very well, who are at the top of the income pyramid, try to steamroll over the opposition of the middle wi…
When the industrial revolution happened there was the Luddistic movement, and there was a fear that machinery would replace all the labor. Whenever w… - Branko Milanovic
When the industrial revolution happened there was the Luddistic movement, and there was a fear that machinery would replace all the labor. Whenever w…
In the U.S. when people like me started writing things about inequality, the economic journals had no classification for inequality. I couldn't find … - Branko Milanovic
In the U.S. when people like me started writing things about inequality, the economic journals had no classification for inequality. I couldn't find …
What is different between national inequality and global inequality is you have another element there that is sometimes forgotten: what matters for g… - Branko Milanovic
What is different between national inequality and global inequality is you have another element there that is sometimes forgotten: what matters for g…
While you can say that the problem of the middle class in the rich countries is too much globalization, the problem of the people who are very poor i… - Branko Milanovic
While you can say that the problem of the middle class in the rich countries is too much globalization, the problem of the people who are very poor i…
Well, you can do whatever you want, but just don’t call it inequality. Put the word poverty there. Because we have many rich people on our board, and… - Branko Milanovic
Well, you can do whatever you want, but just don’t call it inequality. Put the word poverty there. Because we have many rich people on our board, and…
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