#845 

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Dr. Branko Milanović is Presidential Professor at the Graduate Center and a senior fellow at the Stone Center on Socio-Economic Inequality at The City University of New York (CUNY). Dr. Milanović’s main area of work is income inequality, in individual countries and globally, as well as historically, among pre-industrial societies (Roman Empire, Byzantium, and France before the Revolution), and even inequality in soccer. His latest book is Visions of Inequality: From the French Revolution to the End of the Cold War.
This is our second interview. You can watch the first one here: • #628 Branko Milanović:...
In this episode, we focus on Visions of Inequality. We start by talking about how long people have been thinking about economic inequality, and the elements of the best income distribution studies. We then go through the work of authors like François Quesnay, Adam Smith, David Ricardo, Karl Marx, Vilfredo Pareto, and Simon Kuznets, and how there was a natural progression across them. We discuss how and why studies of income distribution went into retreat during the Cold War era; the rise of neoliberalism and its consequences; and what led to the revival of economic studies. We also talk about a recent expansion in our understanding of the dynamics of inequality, with race and gender inequality. Finally, we discuss Dr. Milanović’s goals with this book.
Time Links:
00:00 Intro
00:41 How long have people been thinking about economic inequality?
02:53 The best income distribution studies
06:13 François Quesnay
09:23 Adam Smith
11:29 David Ricardo
13:57 Karl Marx
21:29 Vilfredo Pareto
25:17 Simon Kuznets
28:52 A natural progression across the authors
31:37 How studies of income distribution went into retreat during the Cold War era
36:50 The rise of neoliberalism
40:16 The revival of inequality studies
43:37 Expanding our understanding of the dynamics of inequality: race and gender inequality
47:55 Reframing the way we think about the study of economic inequality
53:21 Follow Dr. Milanović’s work!
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Follow Dr. Milanović’s work:
Faculty page: bit.ly/3BnC2Fb
Blog: bit.ly/3BogTM0
Substack: bit.ly/3Ly0Znb
Visions of Inequality: amzn.to/446Zjtt
Books on Amazon: amzn.to/2WtDJS6
Twitter handle: @BrankoMilan
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A HUGE THANK YOU TO MY PATRONS/SUPPORTERS: PER HELGE LARSEN, JERRY MULLER, HANS FREDRIK SUNDE, BERNARDO SEIXAS, OLAF ALEX, ADAM KESSEL, MATTHEW WHITINGBIRD, ARNAUD WOLFF, TIM HOLLOSY, HENRIK AHLENIUS, JOHN CONNORS, FILIP FORS CONNOLLY, DAN DEMETRIOU, ROBERT WINDHAGER, RUI INACIO, ZOOP, MARCO NEVES, COLIN HOLBROOK, PHIL KAVANAGH, MIKKEL STORMYR, SAMUEL ANDREEFF, FRANCIS FORDE, TIAGO NUNES, FERGAL CUSSEN, HAL HERZOG, NUNO MACHADO, JONATHAN LEIBRANT, JOÃO LINHARES, STANTON T, SAMUEL CORREA, ERIK HAINES, MARK SMITH, JOÃO EIRA, TOM HUMMEL, SARDUS FRANCE, DAVID SLOAN WILSON, YACILA DEZA-ARAUJO, ROMAIN ROCH, DIEGO LONDOÑO CORREA, YANICK PUNTER, ADANER USMANI, CHARLOTTE BLEASE, NICOLE BARBARO, ADAM HUNT, PAWEL OSTASZEWSKI, NELLEKE BAK, GUY MADISON, GARY G HELLMANN, SAIMA AFZAL, ADRIAN JAEGGI, PAULO TOLENTINO, JOÃO BARBOSA, JULIAN PRICE, EDWARD HALL, HEDIN BRØNNER, DOUGLAS FRY, FRANCA BORTOLOTTI, GABRIEL PONS CORTÈS, URSULA LITZCKE, SCOTT, ZACHARY FISH, TIM DUFFY, SUNNY SMITH, JON WISMAN, DANIEL FRIEDMAN, WILLIAM BUCKNER, PAUL-GEORGE ARNAUD, LUKE GLOWACKI, GEORGIOS THEOPHANOUS, CHRIS WILLIAMSON, PETER WOLOSZYN, DAVID WILLIAMS, DIOGO COSTA, ANTON ERIKSSON, CHARLES MOREY, ALEX CHAU, AMAURI MARTÍNEZ, CORALIE CHEVALLIER, BANGALORE ATHEISTS, LARRY D. LEE JR., OLD HERRINGBONE, STARRY, MICHAEL BAILEY, DAN SPERBER, ROBERT GRESSIS, IGOR N, JEFF MCMAHAN, JAKE ZUEHL, BARNABAS RADICS, MARK CAMPBELL, TOMAS DAUBNER, LUKE NISSEN, CHRIS STORY, KIMBERLY JOHNSON, BENJAMIN GELBART, JESSICA NOWICKI, LINDA BRANDIN, NIKLAS CARLSSON, ISMAËL BENSLIMANE, GEORGE CHORIATIS, VALENTIN STEINMANN, PER KRAULIS, KATE VON GOELER, ALEXANDER HUBBARD, LIAM DUNAWAY, BR, MASOUD ALIMOHAMMADI, PURPENDICULAR, JONAS HERTNER, URSULA GOODENOUGH, GREGORY HASTINGS, DAVID PINSOF, AND SEAN NELSON!
A SPECIAL THANKS TO MY PRODUCERS, YZAR WEHBE, JIM FRANK, ŁUKASZ STAFINIAK, TOM VANEGDOM, BERNARD HUGUENEY, CURTIS DIXON, BENEDIKT MUELLER, THOMAS TRUMBLE, KATHRINE AND PATRICK TOBIN, JONCARLO MONTENEGRO, AL NICK ORTIZ, AND NICK GOLDEN!
AND TO MY EXECUTIVE PRODUCERS, MATTHEW LAVENDER, SERGIU CODREANU, BOGDAN KANIVETS, AND ROSEY!
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