The Haves and the Have-Nots: A Brief and Idiosyncratic History of Global Inequality

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AuthorBranko Milanovic
PublisherBasic Books
PublishedJul 23 2012
Book FormatPaperback
ISBN-139780465031412
Dimensions8.1 X 5.5 X 0.8 inches
Weight 0.65 pounds
BISAC
CategoriesBusiness & Economics > Economic History
LanguageEnglish

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Book Description

Who is the richest person in the world, ever? Does where you were born affect how much money you'll earn over a lifetime? How would we know? Why -- beyond the idle curiosity -- do these questions even matter? In The Haves and the Have-Nots, Branko Milanovic, one of the world's leading experts on wealth, poverty, and the gap that separates them, explains these and other mysteries of how wealth is unevenly spread throughout our world, now and through time.Milanovic uses history, literature and stories straight out of today's newspapers, to discuss one of the major divisions in our social lives: between the haves and the have-nots. He reveals just how rich Elizabeth Bennet's suitor Mr. Darcy really was; how much Anna Karenina gained by falling in love; how wealthy ancient Romans compare to today's super-rich; where in Kenyan income distribution was Obama's grandfather; how we should think about Marxism in a modern world; and how location where one is born determines his wealth. He goes beyond mere entertainment to explain why inequality matters, how it damages our economics prospects, and how it can threaten the foundations of the social order that we take for granted. Bold, engaging, and illuminating, The Haves and the Have-Nots teaches us not only how to think about inequality, but why we should.

Author Bio

Branko Milanovic is a senior scholar at the Stone Center on Socio-economic Inequality. Professor Milanovic 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 book on global income inequality, Worlds Apart (2005). He was a 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). He was a visiting scholar at All Souls College in Oxford, and Universidad Carlos III in Madrid (2010-11).

Professor Milanovic’s main area of work is income inequality, in individual countries and globally, including in preindustrial societies. He has published articles in Economic Journal, Review of Economics and Statistics, Journal of Economic Literature, Journal of Development Economics, 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. Global Inequality (2016) was awarded the Bruno Kreisky Prize for the best political book of 2016 and the Hans Matthöfer Prize in 2018, and was translated into 16 languages. It addresses economic and political effects of globalization and introduces the concept of successive “Kuznets waves” of inequality. In March 2018, Milanovic was awarded (jointly with Mariana Mazzucato) the 2018 Leontief Prize for Advancing the Frontiers of Economic Knowledge. His new book Capitalism, Alone was published in September 2019.

Source: City University of New York