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On the history of inequality.

In the second part of this episode, we continue our chat with Branko Milanovic. We discuss how inflation is likely to impact inequality, ask Branko what he means by the "paleo-left" as an ideological position and why we should adopt this perspective. 

We also look forward to Branko's upcoming book, on the history of studies on inequality, and find out why Marx and libertarians have more in common than we often might think.

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Lionel Boyd Johnson

Great comment Andrea, thank you for writing that up.

Andrea

Oh, looking at my comment again I think I was just referring to the annoyance of the usual attitude by economists to ignore other social sciences and to rediscover the wheel over and over again (and winning (non) nobels in economics for that). I have to admit, I don't know if he can be counted as one of those (he's well versed in marxian thought at least, contrary to other inequality-centred economists like Piketty, even though I found some of his statements about the bearded man quite puzzling and inaccurate). I actually only encountered him as a cited author on the topic of inequality, so I am not talking of a specific work by him. If I rember correctly, I was referring to the thing he said about wanting to inquire on the effects of commodification on social ties (the fact that people you exchange commodities with cannot be friends, or something like it, sorry, I don't remember precisely now). In fact there is a very rich and wide literature on that theme, and at the moment I perceived his very short mention of his interest in that in a way like "oh no, another economist rediscovering the wheel and being praised for that". Maybe I was a bit unfair now that I look back at my comment? Don't know, but well, this is what I meant, I hope I answered your question!