Income Inequality: The Global Haves And Have-Nots In The 21st Century

The video features a discussion with Professor Branco Milanovic on the topic of inequality, exploring its evolution as a policy concern since 2008. Milanovic shares insights from his career, linking inequality to financial bubbles and globalization. He discusses the concept of Kuznets cycles and the role of the financial sector in exacerbating inequality. The conversation also touches on potential policy solutions, such as education and minimum wage adjustments, and the importance of addressing wealth inequality, particularly through land taxation. The discussion concludes with reflections on historical economic theories and their relevance today.

How does the discussion differentiate between income inequality and wealth inequality?

What are the potential policies suggested to mitigate inequality?

In what ways does the conversation suggest that land ownership impacts economic inequality?

What historical perspectives on taxation does the discussion reference in relation to land?