Sunday , December 15 2019
Home / Real-World Economics Review / Graphics from 4 empirical muckrakers – 4. Branko Milanović — Ancient Inequality

Graphics from 4 empirical muckrakers – 4. Branko Milanović — Ancient Inequality

Summary:
From Blair Fix Branko Milanović is the oracle of ancient inequality. He has muckraked to compile inequality data for many pre-industrial societies. Here’s a chart of inequality versus GDP per capita for ancient societies: Ancient Inequality Data from Branko Milanović. (Source) The curved line is the ‘inequality possibility frontier’. This is the maximum inequality that is achievable at the given level of production. I have my own ideas about what creates an inequality frontier — I think it has to do with the growth of hierarchy. I’ll write about these ideas later. But I’m glad that Milanović has done the tedious muckraking so that I can come along and do ‘high theory’. Kudos to Milanović. … And many others This has been a brief tour of the empirical muckrakers who I admire. There are

Topics:
Editor considers the following as important:

This could be interesting, too:

Editor writes The social environment as a cause in economics

John Quiggin writes No takers for a nuclear grand bargain

Lars Syll writes 2019 ‘Nobel prize’ reveals the poverty of economics

Dan Crawford writes Open thread Dec. 13, 2019

from Blair Fix

Branko Milanović is the oracle of ancient inequality. He has muckraked to compile inequality data for many pre-industrial societies. Here’s a chart of inequality versus GDP per capita for ancient societies:

Graphics from 4 empirical muckrakers – 4. Branko Milanović — Ancient Inequality
Ancient Inequality Data from Branko Milanović. (Source)

The curved line is the ‘inequality possibility frontier’. This is the maximum inequality that is achievable at the given level of production. I have my own ideas about what creates an inequality frontier — I think it has to do with the growth of hierarchy. I’ll write about these ideas later. But I’m glad that Milanović has done the tedious muckraking so that I can come along and do ‘high theory’. Kudos to Milanović.

… And many others

This has been a brief tour of the empirical muckrakers who I admire. There are countless others doing important work. So don’t send me an angry email if I didn’t put you on the list.

Leave a Reply

Your email address will not be published. Required fields are marked *