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Branko Milanovic on Global Inequality

You can hear the podcast of this interview at Bloomberg's Taking Stock here. You can also read this interview from last year. Graph below is from the latter. As he explains: The graph (for year 2008) shows on the horizontal axis a person’s position in their own country’s income distribution, and on the vertical axis, a person’s position in global income distribution. Thus, the poorest Americans (points 1 or 2 on the horizontal axis have incomes that put them above the 50th percentile...

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