Branko Milanovic on why should we care about inequality

An important, interesting and accessible article on why we should care about inequality. Three reasons are advanced. From the article   Every inequality in the treatment or position of individuals – including inequality in income and wealth – requires understanding and justification, because we are all fundamentally the same. That does not mean we should … Continue reading Branko Milanovic on why should we care about inequality

Chinese Inequality – Upward Revision

A new paper by Thomas Piketty, Li Yang, Gabriel Zucman provides an important understanding of inequality in China. Of significance is that the paper provides a  "sharp upward revision of official inequality estimates". Below is the abstract, and the paper can be accessed at this link.   This paper combines national accounts, survey, wealth and fiscal … Continue reading Chinese Inequality – Upward Revision