Must-read: Branko Milanovic: Global Inequality: A New Approach for the Age of Globalization

Must-Read: Branko Milanovic: Global Inequality: A New Approach for the Age of Globalization: “When: 03/29/2016 9:30 am – 11:00 am. Where: 1500 K Street Northwest, Washington, DC, United States…

…Please join the Washington Center for Equitable Growth on Tuesday, March 29 at 9:30a.m. for a presentation by Branko Milanovic on the findings of his new book, ‘Global Inequality: A New Approach for the Age of Globalization.’

‘Global Inequality’ is a comprehensive addition to the growing popular literature on inequality, expanding the scope of existing research in both time and space. Milanovic argues that inequality is historically not just an inverted-U shape, as Simon Kuznets claimed, nor a right-side-up U, as Thomas Piketty contends, but both.

The implications of Milanovic’s research for the current inequality debate pertain to the simultaneous decline of inequality between countries, as average incomes in the developing world grow rapidly, and the rise of inequality within countries, with the emergence of a global plutocracy and the stagnation or even decline of labor incomes for the middle class of developed economies. Milanovic connects all of these trends to the rise in globalization and pro-rich economic policies adopted around the world, and speculates about what sorts of forces might emerge to counteract the global trend, as they have in past periods.

Copies of ‘Global Inequality’ will be available for purchase at the event.

Registration and breakfast: 9:00 a.m. Presentation and discussion: 9:30 a.m. – 11:00 a.m. Welcome: Heather Boushey, Executive Director and Chief Economist, Washington Center for Equitable Growth. Featured author: Branko Milanovic, author, ‘Global Inequality: A New Approach for the Age of Globalization’; Senior Scholar, Luxembourg Income Study Center; Visiting Presidential Professor, Graduate Center, City University of New York. Discussant: Suresh Naidu, Assistant Professor of Economics and Public Affairs, Columbia University. Moderator: Marshall Steinbaum, Research Economist, Washington Center for Equitable Growth.