“Smith failed to acknowledge the amorality of market forces…He failed to recognize that speculators and gamblers, thieves and fraudsters often flourished while people of industry, prudence, and circumspection were broken by forces outside their control” […]
A good historical piece for a Sunday read. Branko Milanovic is an economixt specialised in development and inequality. Cross-posted with kind permission from Branko Milanovic’s blog Global Inequality When several days ago I ran into […]
We are posting this book review in our main section because we shall be reviewing Quinn Slobodians book ourselves in the near future. We still wished to share this piece with you, so here it […]
It´s odd. Not that we set much store in rules, but no one has us breaking them as frequently as Branko Milanovic. We are placing his book review in our main section simply because it […]
The belief that Adam Smith was an unqualified supporter of the free market, anti-labor and pro-capitalist, or was always in favor of small government is just so much at odds with his writings that one […]
Why did Europe´s economy suddenly pull away from comparable world economies in the second half of the eighteenth century? Branko Milanovic is an economixt specialised in development and inequality. Cross-posted with kind permission from Branko […]
This is a text that Branko Milanovic wrote in 1999 (!). It was never published, having been rejected a number of times. It is fascinating reading as the author tries to identify what the components […]
The problem that Milanovic recognises is the loss of a sense of community. One group seeks to attack the other, excluding them from the community. There are those who seek to identify themselves as the […]
Book review by Branko Milanovic My first Summer book to read and review is Kate Raworth’s very successful “Doughnut economics: Seven ways to think like the 21st-century economist”. It is an ambitious book whose objective […]
Economist Branko Milanovic presents a new approach for the age of globalization. Who are the winners and losers of globalization? One of the world’s leading economists of inequality, the former World Bank economist Branko Milanovic, […]
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