Branko Milanovic

The Stone Center’s sixth cohort of postdoctoral scholars, Zhexun Mo and Severin Rapp, will start new positions this fall after they complete their two-year terms at the Graduate Center. Mo will join the economics department of Laval University, and Rapp will join the London School of Economics's International Inequalities Institute.

Experts discuss Branko Milanovic's timely new book on the changing roles of the U.S. and China as global powers.

An excerpt from Branko Milanovic's book, The Great Global Transformation: National Market Liberalism in a Multipolar World. The book examines how the greatest changes in global incomes — the creation of a new upper class in China, and the decline of the middle class in the U.S. — since the Industrial Revolution are likely to influence the global economy in the next century.

B. Milanovic and M. Ranaldi. Stone Center Working Paper Series no. 125. 2026.

Erfurth et al. Stone Center Working Paper Series no. 122. 2026.

Experts discuss Branko Milanovic's timely new book on the changing roles of the U.S. and China as global powers.

An excerpt from Branko Milanovic's latest book, The World Under Capitalism: Observations on Economics Politics, History, and Culture, a 2025 collection of his essays from the last decade.

Branko Milanovic discusses his new book, The Great Global Transformation: National Market Liberalism in a Multipolar World, with Kirsten Sehnbruch at an event hosted by LSE's International Inequalities Institute. 

In the West, China is easily misunderstood. Is it capitalist or communist, an adversary or a vital economic partner, a modernized nation or a retrograde regime? Yong Cai, Qin Gao, Rongbin Han, and Branko Milanovic, address these questions in a panel moderated by John Torpey.

Why is capital so concentrated and why do so few have it? Stone Center Senior Scholar and GC CUNY Research Professor Branko Milanovic discusses capital income and how it functions under new capitalism in this final post of his three-part series.