What is different between national inequality and global inequality is you have another element there that is sometimes forgotten: what matters for global inequality is relative growth rates between poor and rich countries. — Branko Milanovic Copy Share Image
I was at the World Bank and a commission reviewed our work on inequality for the U.S. Congress or somebody, and the head of the commission said to us: "You are spending taxpayer money to study issues like inequality? Which… — Branko Milanovic Copy Share Image
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.,… — Branko Milanovic Copy Share Image
If we knew what type of jobs would exist in 20 years, we would be quite rich. But we just cannot visualize it. — Branko Milanovic Copy Share Image
Global inequality is such an abstract concept, simply because there is no global government. Telling people in rich countries who have had no increase… — Branko Milanovic Copy Share Image
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 where… — Branko Milanovic Copy Share Image
While you can say that the problem of the middle class in the rich countries is too much globalization, the problem of the people… — Branko Milanovic Copy Share Image
What is different between national inequality and global inequality is you have another element there that is sometimes forgotten: what matters for global inequality… — Branko Milanovic Copy Share Image
“What determines inequality among individuals within a single nation? Are there certain regularities that make inequality behave in a particular way as societies develop?” — Branko Milanović Copy Share Image
Most people believe that inequality is rising - and indeed it has been rising for a while in a number of rich countries. And… — Branko Milanovic Copy Share Image
People in the rich countries who have done very well, who are at the top of the income pyramid, try to steamroll over the… — Branko Milanovic Copy Share Image
When the industrial revolution happened there was the Luddistic movement, and there was a fear that machinery would replace all the labor. Whenever we… — Branko Milanovic Copy Share Image
If, for example, each of us had the same share of capital in the national total capital, then if the share of capital goes… — Branko Milanovic Copy Share Image
Even if parties associated with right wing populism don't win, they push other parties, the centrist parties, towards their position. So they do have… — Branko Milanovic Copy Share Image
