inequality

Who is the richest man in history? The answer might surprise you

Duncan Green - June 25, 2015

Ricardo Fuentes-Nieva (@rivefuentes) is shortly leaving his current role as Oxfam GB’s head of research to take over as Executive Director of Oxfam Mexico (I’ll have to start being nice to him now). Here he introduces Oxfam Mexico’s new report on one of Mexico’s many claims to fame – the richest man in history. In his 2011 book, The Haves and The Have Nots,  Branko Milanovic …

Continue reading

Is the IMF Dismantling Trickle Down Economics?

Duncan Green - June 19, 2015

Oxfam America researcher and inequality guru Nick Galasso hails a new report that finds the poor and middle classes are the main engines of growth – not the rich In a new report, the IMF effectively drives the final nail into the coffin of trickle-down economics. The top finding, in their words, is that “if the income share of the top 20 percent (the rich) increases, …

Continue reading

Latest high level broadside on inequality – “In It Together…” from the OECD

Duncan Green - June 5, 2015

Guest post from Oxfam inequality researcher Daria Ukhova Last month, the OECD published a new flagship report on inequality In It Together: Why Less Inequality Benefits All, continuing a series and building on the findings of the previous reports Growing Unequal? (2008) and Divided We Stand: Why Inequality Keeps Rising (2011). At Oxfam since the launch of our Even It Up campaign, we have been …

Continue reading

What to do about Inequality, Shrinking Wages and the perils of PPPs? A conversation with Kaushik Basu, World Bank chief economist

Duncan Green - March 10, 2015

Along with a bunch of policy wonks from NGOs and thinktanks, I had an exchange with World Bank chief economist Kaushik Basu this week. Rules of engagement were that the meeting  was off the record, but I was allowed to blog as long as the Bank saw a draft to make sure I wasn’t about to get him the sack. In the end, however, the …

Continue reading

What do we know about the politics of reducing inequality? Not much – it’s time to find out

Duncan Green - February 13, 2015

Spent a fun day at the Developmental Leadership Program annual conference in Birmingham yesterday. I was on a panel pitching an idea for a research programme that has got me very excited (along with David Hudson and Niheer Dasandi from University College London). Here’s my pitch. One of my formative influences as a policy wonk was watching the impact of Ha-Joon Chang’s great book Kicking …

Continue reading

What are governments doing on inequality? Great new cross-country data (and some important conclusions) from Nora Lustig

Duncan Green - January 28, 2015

Oxfam and Oxford University held a big inequality conference last week, timed to coincide with Davos and the launch of our new pre Davosbriefing (massive media coverage – kudos to author Deborah Hardoon and Oxfam press team). I generally find conferences pretty disturbing. This one at least spared us the coma-inducing panels of nervous researchers reading out their papers. All the speakers were confident and convincing. …

Continue reading

Davos: new briefing on global wealth, inequality and an update of that 85 richest = 3.5 billion poorest killer fact

Duncan Green - January 19, 2015

This is Davos week, and over on the Oxfam Research team’s excellent new Mind the Gap blog, Deborah Hardoon has an update on the mind-boggling maths of global inequality . Wealth data from Credit Suisse, finds that the 99% have been getting less and less of the economic pie over the past few years as the 1% get more. By next year, if the 2010-2014 trend for …

Continue reading

Even it Up: Big global campaign on inequality launched today

Duncan Green - October 30, 2014

Today Oxfam launches Even It Up, its big new inequality campaign. For me, the most striking killer fact from the launch report: ‘The number of billionaires has doubled since the financial crisis, as inequality spirals out of control. In the same period, at least a million mothers have died in childbirth due to a lack of basic health services.’ Although ‘In South Africa, the two …

Continue reading

Is doing something about inequality a choice between bash the rich v tackling poverty? Some thoughts for Blog Action Day

Duncan Green - October 16, 2014

Today is Blog Action Day, and we’re all supposed to blog about inequality. Ricardo Fuentes (Oxfam Head of Research) & his team are even marking the day by kicking off a new inequality-themed blog, Mind the Gap – check it out. I’ve already done my more general call to arms for BAD, so here’s something more in keeping with this blog’s usual tone of navel-gazing uncertainty: I’m …

Continue reading