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Branko Milanovic
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During the past 50 years, India and China had played key roles in influencing, and then reducing, global inequality. One way to look at their role is to see how
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This discussion started several months ago when Twitter labelled Chinese and Russian media "state-affiliated" without doing the same with the state-owned BBC, DW, VoA etc. It absolutely made no sense
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From a Chinese independent video covering the Ant (Ali Baba) case (excerpts from 快看資訊). A very strong text. If the unhealthy development of business enters a stage of monopoly, it
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Unlike many people I see China as likely to be most affected by Biden's win. Unlike Trump who followed anti-China policies out of spite, Biden can create a very powerful
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Here are some of the slides from my today's talk at FMM (and also from my "C,A"). These are six systemic inequalities. Start with No. 2. Increasing concentration of ownership
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In "Capitalism, Alone", I introduced the concept of homoploutia. This is the situation when the same people are rich both in terms of labor incomes and capital incomes. Here is
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In the US, the hysteria happens through the "invisible hand" of personal incentives, not Politburo orders. Under communism, the Politburo would decide country X is bad from today on &
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From the global inequality files.Post-communist countries still tend to have lower inequality than expected based on their income (post-Comm=red; LatAm=green; West=blue). Saying that transfers from rich to poor countries are
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For my today's webinar at Universidad de Chile, I prepared a few additional slides that include Chile. First , the evolution of inequality. Chilean inequality (thick blue line) has gone
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