In his new book Global Inequality, David Frum looks back at some of the mistakes people have made in trying to predict the future. He points out that there were no books written about China when it was still Maoist times and they didn't mention its potential for revolution. The author also says we can learn a thing or two from those who predicted what is happening today's world now.
Yascha Mounk and Branko Milanovic discuss what his famous elephant curve says about the ills—and the gains—of globalization; how the left’s concern with inequality is being turned against its concern with internationalism; why economic causes of populism are often expressed in cultural ways; and how a determination to increase the financial and educational endowments of ordinary citizens can combat inequality and boost their living standards.
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