Branko Milanovic

No sooner had I come back from China (in fact, my flight from Shanghai landed only two hours ago) that at the airport bar, as I ordered my food and drinks, I caught myself thinking, When shall I go back to China? Why did I think so? Did I have some incredibly good time during the two weeks in Beijing and Shanghai? Yes, I met lots of people, learned a fe…

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by Branko Milanovic

by Guido Alfani — Reposted by: Branko Milanovic

Reposted by: Branko Milanovic

by Branko Milanovic

Substack

How to control increase of income inequality due to new technologies?

Spread, tax and ban The problem. New technology, like all technological improvements since the Industrial Revolution, aims to replace human labor by machines, broadly understood. In that sense Artificial Intelligence is not different from the self-acting mule introduced in cotton industry in the 1820s: it replaces human labor although now it does it at a higher level of hu…

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by Branko Milanovic

Of fascination and addiction

How to control increase of income inequality due to new technologies?

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