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Branko Milanovic

Branko Milanovic is a Serbian-American economist. A development and inequality specialist, he is visiting presidential professor at the Graduate Center of City University of New York and an affiliated senior scholar at the Luxembourg Income Study. He was formerly lead economist in the World Bank's research department.

Labour Theory Of Value: A Primer

Branko Milanovic

This is a different post from my normal posts. It is a primer and I must ask indulgence from many readers for whom this is

Robotics Or Fascination With Anthropomorphism?

Branko Milanovic

Recent discussions about the “advent of robots” have some rather unusual features. The threat of robots replacing humans is seen as something truly novel, possibly

On Unproductive Labour

Branko Milanovic

Today I read an article on shortages and economic collapse in Venezuela. The reason why there are huge lines in front of the stores was

Bias And Ill-will: The Poverty Of Today’s Historians

Branko Milanovic

Living in a post-modern city like New York has many advantages but some disadvantages too. Among the latter is the absence of bookstores. Practically the

Why Global Inequality Matters

Branko Milanovic

Let me start by enquiring about the importance assumed by inequality in the public debate during these last years. As we know, inequality has been

Inequality: The Structural Aspects

Branko Milanovic

Despite the unprecedented attention that income and wealth inequality has received in this year’s presidential campaign in the United States and in several recent elections

Migration’s Economic Positives And Negatives

Branko Milanovic

I have always been a strong believer that geography determines one’s worldview (I think it is de Gaulle who is credited for saying that “history is

How Technology Can Eradicate Unemployment And Jobs At The Same Time

Branko Milanovic

Several days ago Steven Hill presented at the Graduate Center CUNY in New York his new book “Raw Deal: How the ‘Uber Economy’ and Runaway Capitalism

Did Socialism Keep Capitalism Equal?

Branko Milanovic

This is an interesting idea and I think that it will gradually become more popular. The idea is simple: the presence of the ideology of

Five Reasons Why Migration Into Europe Is A Problem With No Solution

Branko Milanovic

Sometimes seeing things, even when one is prepared for them, is helpful in focusing the mind. A few days ago, as I got out of a

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