The Rise of Inequality in the Global Economy

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Bronco Milanovic has become much more sanguine about the state of the economy. He concludes that we actually live in one of the most equal periods in over 100 years when looked at at a global scale. And finally, even the work of Thomas Piketty, the most famous of his profits of doom, has become a lot less clear-cut.

Peter Arcidiacono is an economist at Duke University and an expert on affirmative action. Arcidiacono served as an expert witness for Students for Fair Admissions, Inc. (SFFA) in SFFA v. Harvard.

In this week’s conversation, Yascha Mounk and Peter Arcidiacono discuss the role that racial preferences have played in the admissions processes of elite American universities in recent decades; the workarounds that universities are likely to use in the wake of the recent Supreme Court decision; and why real progress for less privileged students will require fundamental changes that look beyond the admissions practices of a few elite universities.

This transcript has been condensed and lightly edited for clarity.

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