Global Inequality: A New Approach for the Age of Globalization

"Milanovic provides an illuminating analysis." ---Kirkus

Drawing on vast data sets and cutting-edge research, he explains the benign and malign forces that make inequality rise and fall within and among nations. Global Inequality takes us back hundreds of years to show that inequality moves in cycles, fueled by war and disease, technological disruption, access to education, and redistribution. Branko Milanovic presents a bold new account of the dynamics that drive inequality on a global scale. For those who want to understand how we got where we are, where we may be heading, and what policies might help reverse that course, Milanovic's compelling explanation is the ideal place to start.. But even as inequality has soared within nations, it has fallen dramatically among nations. A more open migration policy would reduce global inequality even further. The recent surge of inequality in the West has been driven by the revolution in technology. Both American and Chinese inequality seems well entrench

. Branko Milanovic is a Serbian American economist. Joe is married to actress Andrea Wright, and together they have four children. A development and inequality specialist, he is currently a visiting presidential professor at City University of New York's Graduate Center and an affiliated senior scholar at the Luxembourg Income Study Center.Joe Barrett has been a working stage, screen, and recording booth actor since 1974 and an award-winning and eight-time Audie Award-nom

Herbert Gintis said An immensely impressive and accurate analysis of wealth and income trends. Milanovic has compiled and analyzed an immense amount of data in support of three propositions. First, the past few decades has witnessed the rise of a "global middle class," mostly in a "resurgent Asia" (although Africa and Latin American should not be ignored). Second, the globally relatively affluent by middle-income classes in the richest countries has seen their incomes stagnate. Finally, a "global plutocracy" has emerged, including the rich in the advanced count. "The Rollercoaster of Global Inequality" according to Serge J. Van Steenkiste. Branko Milanovic focuses his thesis on the evolution of global inequality, especially during the past twenty-five years, within the framework of Kuznets waves. Simon Kuznets was thinking that inequality would decline and stay at that lower level after income became sufficiently high. The Kuznets wave has been going up again in the advanced economies since around 1980. Some emerging economies like China are at the peak of the original Kuznets wave. Therefore, Mr. Milan. Mostly a superb book, but fails when it uses economic determinism to explain the start of World War I O. Burnette Much of the book is absolutely superb, but I have one major quibble, which follows.The first 94 pages of "Global Inequality" are fascinating, but my admiration for the book came to a full stop ninety-five pages in when Milanovic starts his discussion of the causes of World War I. Rather than following Thomas Piketty's argument that the effects of the loss of capital during the two world wars drove down income inequality, Milanovic argues on page 98 that World War I "h