Frontmatter -- Contents -- Acknowledgments -- Introduction -- 1. The Rise of the Global Middle Class and Global Plutocrats -- 2. Inequality within Countries -- 3. Inequality among Countries -- 4. Global In equality in Th is Century and the Next -- 5. What Next? -- Notes -- References -- Index

The median voter hypothesis plays an important role in endogenous growth theories. It provides the political mechanism through which voters in more unequal countries redistribute a larger proportion of income and thus, it is argued, by blunting incentives reduce country's growth rate. However,...

Is inequality largely the result of the Industrial Revolution? Or, were pre-industrial incomes and life expectancies as unequal as they are today? For want of sufficient data, these questions have not yet been answered. This paper infers inequality for 14 ancient, pre-industrial societies using...

Is inequality largely the result of the Industrial Revolution? Or, were pre-industrial incomes and life expectancies as unequal as they are today? For want of sufficient data, these questions have not yet been answered. This paper infers inequality for 14 ancient, pre-industrial societies using...

1760000000000 US-Dollar. In Worten: einskommasiebensechs Billionen. Auf diese Summe schätzte Oxfam kürzlich das Vermögen der 62 wohlhabendsten Menschen der Welt. Ein paar Dutzend Milliardäre verfügen über so viel Geld wie die ärmere Hälfte der Weltbevölkerung - oder wie 3.600.000.000...

"Today's inequality discourse has a fascinating and illuminating 300-year history. Branko Milanovic describes the evolution of the idea of inequality through portraits of six key economists, from Quesnay to Kuznets. In their work and lives, we see the rise and consolidation of the theory of...