Visions of Inequality - Branko Milanović

A Financial Times Best Economics Book of the Year“An essential and insightful analysis of the history of economic inequality urgently relevant today…a groundbreaking work, bound to influence the economics profession and our worldview.” —LSE Review of Books“A history of the changing ways economists have broached the subject [of inequality] since the French Revolution…[Milanovic] describes how Western economists were in thrall to an unholy combination of extremely simplistic assumptions and extremely complex mathematical models.” —New York Times“A timely book that brings the weight of the past to bear on one of the most pressing issues of our time…Milanovic is a clear and direct writer, unafraid of making strong judgements and with an idiosyncratic eye for detail. That makes for original, and sometimes amusingly wry, revelations.” —Literary Review“How do you see income distribution in your time, and how and why do you expect it to change?” Branko Milanovic imagines posing this question to six of history’s most influential economists. Probing the works of these key thinkers in the context of their lives, Milanovic charts the evolution of the concept of inequality across the centuries. We cannot speak of inequality in general, he argues: any analysis of it is inextricably linked to a particular time and place. Visions of Inequality takes us from François Quesnay, for whom social classes were prescribed by law, through Adam Smith, David Ricar
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