Episodes 7 - Inequality: What Is It and Why Does It Matter?
The fight for greater equality has been behind some of the most momentous moments in human history. But since the advent of neoliberalism in the 1980’s, there’s been a view by many economists that inequality is inevitable and any interventions against it are unadvisable. In this eighth lecture in INET’s “Economics For People” series, Ha-Joon Chang explains what inequality is, how we measure it, and why understanding it matters.