Branko Milanovic

Branko Milanovic

Branko Milanovic is a Visiting Presidential Professor at the Graduate Center City University of New York and Senior Scholar at the Stone Center for Socio-economic Inequality. He obtained his Ph. D. in economics (1987) from the University of Belgrade with a dissertation on income inequality in Yugoslavia. He served as lead economist in the World Bank’s Research Department for almost 20 years, leaving to write his seminal book on global income inequality, Worlds Apart (2005). He was senior associate at the Carnegie Endowment for International Peace in Washington (2003-2005) and has held teaching appointments at the University of Maryland (2007-2013) and at the Paul H. Nitze School of Advanced International Studies at Johns Hopkins University (1997- 2007).

Branko’s main area of work is income inequality, in individual countries and globally, including in pre-industrial societies. In addition to numerous papers for the World Bank, he has published articles on these topics in Economic Journal, Review of Economics and Statistics, Journal of Economic Literature, and Journal of Political Philosophy, among others. His book, The Haves and the Have-nots (2011) was selected by The Globalist as the 2011 Book of the Year. His new book, Global Inequality (2016), was awarded the Bruno Kreisky Prize for the best political book of 2016 and was translated into twelve languages. It addresses economic and political effects of globalization, including the concept of successive “Kuznets waves” of inequality, largely driven, since the first industrial revolution, by technology and globalization. In October 2017, Branko was awarded (jointly with Mariana Mazzucato) the 2018 Leontief Prize for Advancing the Frontiers of Economic Knowledge.

Post Archive

09 April 2021
"The World Turned Upside Down"—a critical review (Part 1) This may be the most difficult book review to write. I have decided to break it into two parts. Writing it is difficult…
11 March 2021
Following from his recent critiques, Branko Milanovic applies his knowledge of global inequality to help address an impasse in degrowth debates. I have recently criticized…
23 February 2021
Branko Milanovic outlines the ideological divides and rhetorical tactics distinguishing degrowers and growers. The difficulty of discussion with degrowers comes…
15 February 2021
Branko Milanovic discusses the drawbacks of the commercialization of art. In the last chapter of “Capitalism, Alone”, I discussed a number of changes in the private life that are…
28 January 2021
Branko Milanovic argues that the World Health Preparedness Report and Global Health Security Index fell short when confronted with the reality of countries' responses to the…
19 January 2021
I believe that everyone can remember the turning points in their ideological and political evolution: these are moments when the entire world of ideas and preconceptions one…
11 January 2021
This is the text of the interview given to Sega Newspaper at the occasion of the publication of “Capitalism, Alone” in Bulgarian. The text in Bulgarian is here. 1. How do you…
15 December 2020
Branko Milanovic dissects the cultural roots of the West's response to COVID-19 and compares them to experiences in East Asian countries. In  October 2019, Johns…
09 November 2020
Branko Milanovic on the lessons we should learn from the Trump era. Now as Trump is being made ready to enter history, many publications are reviewing his presidency, as…
03 November 2020
This is a short, less than 700 words, piece that “Globe and Mail” asked me to write about the forthcoming US election. They got what they apparently did not expect and wanted me…
29 October 2020
Markovits, D. (2019) The Meritocracy Trap: How America's Foundational Myth Feeds Inequality, Dismantles the Middle Class, and Devours the Elite. Penguin Random House. ISBN…
09 October 2020
Branko Milanovic argues that, in some cases, literature can help shed light on how inequality was historically understood and felt. Can we use literature to learn more about…
02 October 2020
Branko Milanovic on the intersection of inequality and the pandemic. Inequality is by definition multifaceted. Not only is there a difference between income and wealth inequality…
09 September 2020
Branko Milanovic argues that sometimes myths can help us to believe in the future. I prepared dinner for myself tonight. I am now, alone, in a house in Washington …
07 August 2020
Out of Italy by Fernand Braudel. Flammarion. 1991. ISBN-10: 2080135007 Fernand Braudel wrote several smaller (in size) books that dealt with his favorite themes of capitalism…