What Is Happening? | Lecture 3 | Inequality 101 with Branko Milanovic & Arjun Jayadev

How did global inequality come about? In this third lecture in the Institute for New Economic Thinking’s “Inequality 101” series, Branko Milanovic explores how the industrial revolution created widening inequality between different countries. About Inequality 101: http://newth.ink/inequality Inequality, in many ways, may be the biggest question of our times. And yet it is a topic that is still underexplored in conventional economics curricula. In this five-part lecture series from the Institute for New Economic Thinking, economists Arjun Jayadev (Azim Premji Univeristy) and Branko Milanovic (CUNY Graduate Center) break down what inequality is, how we measure it, why it exists, and how to address it.