China Has a Double Problem, You Know?

On Communism's historic role.   We talk to renowned Serbian-American economist Branko Milanovic about growing up in Yugoslavia and how, in much of the world, History never ended. We then dedicate much of the episode to discussing Branko's claim that communism was essentially an engine of economic convergence, allowing developing countries to haul themselves into the industrial age.   We also talk about Branko's work on inequality and why growth still matters.    Readings:

• Capitalism, Alone, Branko Milanovic, Harvard UP
• The Aloofness of Pax Sinica, Branko Milanovic, Global Policy Journal