The Robert H. Litowitz Lecture - Global Inequality: Recent Trends and Political Implications

Branko Milanovic, Graduate Center, CUNY

Branko Milanovic, Presidential Professor at the Graduate Center, City University of New York, delivered this year’s Robert H. Litowitz Lecture in Ethics and Public Policy. The talk discussed the most recent evolution in global inequality, the new 2011 PPP numbers and focused on the political implications of the important changes that are taking place in global distribution of income. In particular, it focused on the rise of the middle class in Asia, income stagnation of the rich countries’ middle classes, and the emergence of global plutocracy.