Short Synopsis
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.

Full Synopsis
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.

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. The recent surge of inequality in the West has been driven by the revolution in technology. 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.

Both American and Chinese inequality seems well entrenched and self-reproducing, though it is difficult to predict if current trends will be derailed by emerging plutocracy, populism, or war. 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.

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

"The data [Milanovic] provides offer a clearer picture of great economic puzzles, and his bold theorizing chips away at tired economic orthodoxies." ---The Economist

"There is an enormous amount of valuable material . . . The book is well worth reading." ---Dean Baker, Huffington Post

"[Milanovic] brings fresh insights to one of today’s most talked-about issues, clearing up confusion on the way." ---Craig Calhoun, New Statesman

"This outstanding book adds significantly to recent works by Thomas Piketty, Anthony Atkinson and François Bourguignon." ---Martin Wolf, Financial Times