An insightful, though-provoking lecture by Branko Milanovic, a leading expert and historian of global inequality, on his major new work of empirical economics that "presents a bold account of the dynamics that drive inequality on a global scale." It's followed by responses from other experts and Q&A. Among his key contributions is the "elephant curve" which illustrates how the gains of globalization were distributed in recent decades (it benefited much of the world population but not so much the middle/working-classes in the US, UK, and a few other high income countries), and his theory of Kuznets waves, a replacement for the Kuznets curve (a much contested idea in development economics; Thomas Piketty didn't show much fondness for the Kuznets curve in Capital).
Read some book reviews: one, two, three, four, a book excerpt, and his articles on income inequality and citizenship and inequality in India.
Milanovic's article on the link between inequality and citizenship prompted these thoughts in me:
Posted by: Namit | July 24, 2016 at 11:18 PM