This lecture will examine the process of globalisation and, in particular, the implications for inequality. The perceived increase in inequality is leading to new left-leaning and populist movements developing across the developed world, including in the US. Inequality, It also seems to be a major concern of many religious leaders including Pope Francis. But, what are the facts? Is inequality at the global level increasing? Is it increasing within individual countries? If it is what, if anything, should be done about it?
Recommended Readings
Johan Norberg, Progress - Ten Reasons to Look Forward to the Future, published by Oneworld
Philip Booth, Poverty and Inequality - Separating Fact from Fiction, IEA blog post, https://iea.org.uk/poverty-and-inequality-separating-fact-from-fiction/
Max Roser, Our World in Data Website (click on "Growth and Inequality") https://ourworldindata.org/