Today I will be giving a ‘Special Lecture” on “Who Gets What in the World?” in honour of the 125th birth anniversary of P.C. Mahalanobis at the Indian Statistical Institute in Bangalore (announcement here) based on analyses from the Global Consumption and Income Project. All are welcome. The slides can be downloaded here.
In recent years there has developed a branch of economics which seeks to apply statistical physics approaches to understanding economic problems. Some years ago, my colleague at the New School, Anwar Shaikh, introduced me to the pioneering work in this area that seeks to understand income distributions, for example by the physicist Y M Yakovenko. … More Statistical Physics and the Social Sciences: What Potential Contribution?
Yesterday at the United Nations I spoke at a panel on addressing global poverty organized by the Club de Madrid, a group of former democratically-elected world leaders, which has in recent years championed a concept which they refer to as that of a ‘Shared Society’. The title of the concept was recently adopted, to some … More What is a Shared Society?
Video of the worldwide launch of the Global Consumption and Income Project on April 15th, 2016 in New York, featuring an introduction by our team and distinguished scholarly and institutional commentators, is now available! Thanks to Prof. Donald Robotham of the Advanced Research Collaborative at the Graduate Center of the City University of New York … More In case you missed the launch…
On April 15th, 2016, we will hold an open public event in New York to launch the Global Consumption and Income Project, making the unprecedented data on material living standards that we have collected for the first time freely available to all users. The datasets we have constructed describe the levels of income and consumption of the populations … More World Data! Introducing the Global Consumption and Income Project
There has been a lot of crowing in recent years about the so-called global middle class. Does such a thing really exist? If so, how many people belong to it and where do they live? My colleagues and I, in the Global Consumption and Income Project, attempt in our most recent paper to distinguish different concepts of the … More The global ‘middle class’: don’t believe the hype!
Chrystia Freeland, who fairly recently parachuted into Canadian politics from a career in journalism abroad, in which she was among other roles a senior functionary of the Financial Times, has just been appointed the Minister of International Trade in the new Liberal Party Cabinet. When her book on Plutocrats came out in 2012, I was … More Where Do Plutocrats Come From?
Late last week I attended a very interesting meeting in Madrid on the subject of what some have described as a coming ’second machine age’ and its possible future economic and social impact. The technological developments described at the meeting by scientists, engineers, business people and others who follow them closely center on possible breakthroughs … More A Second Machine Age?