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Is Global Inequality Growing or Shrinking?

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Featuring
Vincent Geloso portrait
Vincent Geloso

Assistant Professor of Economics, George Mason University

Nicholas Eberstadt portrait cropped
Nicholas Eberstadt

Henry Wendt Chair in Political Economy, American Enterprise Institute

A prominent narrative claims that global inequality is increasing as improvements in the standard of living accrue mainly to a small elite, leaving much of the world’s population behind and even worse off than before. But is this true? Chelsea Follett and Vincent Geloso will discuss their work on a new, more comprehensive way of measuring global inequality, the Inequality of Human Progress Index, and their recent findings showing that global inequality is in fact shrinking. They will argue that the evidence demonstrates that the world is not only better off than many people appreciate but that it is also far more equal. Nicholas Eberstadt will provide comments on how to best assess the true state of global inequality.

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