Why read Global Inequality?

Book cover of Global Inequality: A New Approach for the Age of Globalization

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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…

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Why read it?

1 author picked Global Inequality as one of their favorite books. Why do they recommend it?

Francis J. Teal

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The approach of Milanovic is very different from that of Hickel in that it is intensive in the use of data which, he would argue, shows a much more nuanced picture of the success of the global economy in reducing poverty than argued by Hickel.

He begins by reproducing the ‘Elephant Chart’ from his earlier work. This is a chart showing the relative gain in real per capita income by global income level. The name ‘Elephant’ comes from the shape of the chart which shows the largest income gains to have occurred for those in the middle of the distribution…

From Francis' list on The best books for understanding inequality and why there are still big disagreements over the cause.