Listen to the first @socialscibites podcast episode: Danny Dorling on Inequality
This event was recorded on 8 February 2011 in Old Theatre, Old Building.
Inequality is a surprisingly slippery issue, involving not just straightforward comparisons of individuals, but also comparisons of price and consumption differences around the world – and over time. In this lecture Branko Milanovic, the lead economist at the World Bank’s research division, will approach the issue in a new and innovative way, focusing on inequality in income and wealth in different time periods and contexts: from inequality in Roman times (and how it compared with inequality today), to depictions of wealth inequality in literature (Pride and Prejudice and Anna Karenina), to inequality across generations of a single family (the three generations of Obamas illustrating this theme). As for global inequality today, the talk will examine its main cause (differences in average incomes between countries), the role China and India might play, and, perhaps most importantly, whether global inequality matters at all, and if does, what can we do to reduce it. Branko Milanovic is one of the world’s leading experts on inequality. He is lead economist at the World Bank’s research division in Washington DC, a visiting fellow at All Souls College, Oxford, and the author of The Haves and Have Nots: A Brief and Idiosyncratic History of Global Inequality.
The Inequality Crisis - RSA Comment - (21st Feb 2013)
Read Stewart Lansley article, The Inequality Crisis (http://comment.rsablogs.org.uk/2013/02/19/inequality-crisis/)
For the last 30 years, the economy of the UK (and much of the rich world ) has been managed on the basis of a doctrine that holds that inequality is a necessary condition for economic progress. Author and economist Stewart Lansley visits the RSA to argue that this theory is wrong. Rather, the surging income gap of recent decades has not just been socially corrosive, it lies at the roots of the current prolonged national and global crisis.
Allowing the fruits of growth to be colonised by the few has, contrary to the current orthodoxy, simply brought more turbulent and more fragile economies. We now need to abandon this theory and adopt a new approach to economic management built around the growing evidence that more equal societies are the route, not just to social harmony, but also to economic health.
Speaker: Stewart Lansley is a visiting fellow at Bristol University and the author of ‘The Cost of Inequality’, runner-up in Spear’s 2012 business book of the year awards
Chair: Matthew Taylor, chief executive, RSA