Branko Milanovic, Discover and Read the Best of Twitter Threads by @BrankoMilan

Branko Milanovic

BrankoMilan

It is instructive to read Tocqueville and Marx discuss the 1848 revolution. It does not often happen to have two such heavyweights describe the same events as they happen (w/o

There are two huge illusions that have complete disconnect w/ reality as lived by people and that feed two literatures.1) The idea that people will suddenly turn become altruistic and

(Long thread--but worth reading)I received lots of pushback (including some pretty nasty comments) on my tweets re. the most recent “Nobel Prize” in economics. I believe that most comments reflect

Most of Ch 5 in "Capitalism, Alone" deals with the commodification (commercialization) of daily life.This is not just a "cute" topic. It is fundamental. Once we rent out homes, cars

(long thread)In 7 years of Twitter, I have not received as many negative comments as yesterday on my views re HK's status and democracy there. So I wanted to explain

The new virus is a great confirmation of @nntaleb distinction btw phenomena where we can use the knowledge derived from Mediocristan and the phenomena that belong to Extremistan and where

Some quotes from Marx's Grundrisse (Winter 1857-58; published in the 1930s).On technological change: It is sometimes said about machinery that it saves labor. However…the mere saving of labor is not