CSEP Paper 0: Inequality in the 21st Century

This lecture was delivered by Alice Krozer, PhD student in Development Studies and one of the founders of Paper 0, on Tuesday 10th November at the Sidgwick Site, University of Cambridge.

The 21st Century has started with rising inequalities at global, national, and sub-national levels throughout the world, which have significant negative effects on the economy and society. Long an ignored topic in mainstream economics the aftermath of the global financial crisis has seen the discourse on inequality changing, even for neoclassical economists, who used to at best assume inequality to be an inevitable side issue. This lecture will reconsider inequalities of wealth and income from various angles that have been neglected by neoclassical economists. It will discuss why unequal distribution of incomes matters by outlining specific impacts that are associated with it (e.g. high levels of violence, mass migration, and erosion of social cohesion), consider the arguments about adequate and efficient redistribution and present some of the actual recent trends in global inequality.

Want to find out more?

And of course you can also subscribe to our YouTube channel!