Winner of the Bruno Kreisky Prize, Karl Renner Institut A
Financial Times Best Economics Book of the Year An
Economist Best Book of the Year A
Livemint Best Book of the Year One of the world’s leading economists of inequality, Branko Milanovic presents a bold new account of the dynamics that drive inequality on a global scale. 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. He also reveals who has been helped the most by globalization, who has been held back, and what policies might tilt the balance toward economic justice. “The data [Milanovic] provides offer a clearer picture of great economic puzzles, and his bold theorizing chips away at tired economic orthodoxies.” —
The Economist “Milanovic has written an outstanding book…Informative, wide-ranging, scholarly, imaginative and commendably brief. As you would expect from one of the world’s leading experts on this topic, Milanovic has added significantly to important recent works by Thomas Piketty, Anthony Atkinson and François Bourguignon…Ever-rising inequality looks a highly unlikely combination with any genuine democracy. It is to the credit of Milanovic’s book that it brings out these dangers so clearly, along with the important global successes of the past few decades. —Martin Wolf,
Branko Milanovic is Senior Scholar at the Luxembourg Income Study Center, and Visiting Presidential Professor, Graduate Center, City University of New York.
Ann Harrison, University of Pennsylvania:
This is an important book on an issue which has surprisingly been overlooked in the increasing debate on inequality: global inequality. A must-read.
Brian Nolan, University of Oxford: This is a most unusual and stimulating book. It covers a remarkably broad sweep in time, and deals with issues that are central to the future evolution of humanity across the globe.
Thomas Piketty, Paris School of Economics: In this fascinating book, Milanovic is able to articulate the study of inequality between and within countries in the clearest possible way. A must-read.
Angus Deaton, Princeton University: In Global Inequality, Branko Milanovic continues his lifelong investigation into the past, present, and future of inequality, within and between nations and in the world as a whole. Full of new and provocative ideas—including Kuznets waves and citizenship rents—the book will cement Milanovic’s reputation as one of the most thoughtful and enterprising of inequality scholars.