AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
13min chapter
Branko Milanovic on Globalization
The Good Fight
The Elephant Graph and Income Distribution
This chapter discusses the concept of the 'elephant graph' and its implications for income distribution globally. The speaker explains that the graph represents an elephant with its trunk raised high, symbolizing the income growth of the lower middle class and middle class globally. However, there is a significant drop in income growth once you reach the 70th-80th percentile of the global income distribution, representing the upper middle class. The graph then shows a sharp increase in wealth for the top 1% globally.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode