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Global Inequality and More 3.0

Branko Milanovic

Global inequality and More 3.0

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Latest Issues

The strange case of China’s urban consumption

The real (inflation-adjusted) increase in China’s per capita GDP between 2018 and 2024 was, according to the official numbers also reported in World Bank/IMF statistics, 34 percent (an average rate of growth of almost 5 percent per year). W...

5 days ago
71
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Ukraine, Lenin and Sultan-Galiev

It is a foolhardy endeavor today to review a book that discusses “the national question”. The topic is always slippery but in today’s age of nationalism it is certain to attract attacks from all sides involved in the book. And never more so...

10 days ago
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More on Trotsky and interpretation of Trotsky

Several years ago when I was rereading Kolakowski’s Main Currents of Marxism I was struck by his pitiless portrait of Trotsky. Kolakowski was scathing. And it was not that Kolakowski was scathing of every Marxist who came after Marx because...

20 days ago
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Sketching the new dysto-utopian world with massive presence of artificial intelligence

The massive deployment of artificial intelligence (AI) presents economists with perhaps the unique situation in the past five or six decades. The artificial intelligence is an all-purpose technology and its effects are, from the current per...

a month ago
147
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Don’t ask me about my profits, but let’s talk about your wages

The discussion began with me, being tired of permanent Franco-German kvetching about China’s trade surpluses, writing this on Twitter:

“Nobody can take seriously European complaints about China. China is now building things better and more...

a month ago
249
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    Economist

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