The Haves and the Have-Nots: A Brief and Idiosyncratic History of Global Inequality

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Basic Books, Dec 28, 2010 - Business & Economics - 272 pages
3 Reviews
Who is the richest person in the world, ever? Does where you were born affect how much money you’ll earn over a lifetime? How would we know? Why—beyond the idle curiosity—do these questions even matter? In The Haves and the Have-Nots, Branko Milanovic, one of the world’s leading experts on wealth, poverty, and the gap that separates them, explains these and other mysteries of how wealth is unevenly spread throughout our world, now and through time. Milanovic uses history, literature and stories straight out of today’s newspapers, to discuss one of the major divisions in our social lives: between the haves and the have-nots. He reveals just how rich Elizabeth Bennet’s suitor Mr. Darcy really was; how much Anna Karenina gained by falling in love; how wealthy ancient Romans compare to today’s super-rich; where in Kenyan income distribution was Obama’s grandfather; how we should think about Marxism in a modern world; and how location where one is born determines his wealth. He goes beyond mere entertainment to explain why inequality matters, how it damages our economics prospects, and how it can threaten the foundations of the social order that we take for granted.  Bold, engaging, and illuminating, The Haves and the Have-Nots teaches us not only how to think about inequality, but why we should.
 

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User Review  - nosajeel - LibraryThing

This is one of the most delightful short economics books I have read--and certainly the most delightful on the topic of inequality. The book covers three types of inequality: inequality of people ... Read full review

LibraryThing Review

User Review  - heike6 - LibraryThing

Great background information on the history of global inequality. Spells out things like how your income is determined 60% just by where you are born, 20% by the income of your parents, and how the remaining 20% may or may not be determined by you. Read full review

Contents

Chapter 2
93
Chapter 3
147
Notes
217
Further Readings
235
Index
247
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About the author (2010)

Branko Milanovic, lead economist at the World Bank’s research division in Washington, DC, and professor at University of Maryland, is author of Worlds Apart. He lives in Washington, DC.

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