However, inequality is a complex issue, involving not just straightforward comparisons of individuals, but also comparisons over time. Branko Milanovic, lead economist at the World Bank's research division, approaches the issue in a new and innovative way, focusing on inequality in income and wealth in different time periods and contexts: from inequality in Roman times (and how it compared with inequality today), to depictions of wealth inequality in literature (Pride and Prejudice and Anna Karenina), to inequality across generations of a single family (the three generations of Obamas illustrating this theme). As for global inequality today, Milanovic examined, in
TheHavesAndHaveNots.mp3 at the
LSE in 2011 the main causes (differences in average incomes between countries), the role China and India might play, and, perhaps most importantly, whether global inequality matters at all, and if does, what can we do to reduce it.