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Branko Milanovic

@BrankoMilan

Mar 3

Pareto on Malthus:
"Malthus’ work is very confused. It is often difficult to understand precisely what question he is dealing with."
(Manual)

Marx on Malthus:
One cannot fail to recognize that both Malthus’ Principles and two other works mentioned, which were intended to amplify certain aspects of the Principles, were largely inspired by envy at the success of Ricardo’s book

and were an attempt by Malthus to regain the leading position which he had attained by skillful plagiarism before Ricardo’s book appeared. (TSV)

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Branko Milanovic

@BrankoMilan

Feb 28

Limits to autocracy
Review of Charles Hucker’s “The Censorial System of Ming China”
branko2f7.substack.com/p/limits-to-au…

Nobody's war
Review of Stephen Platt's "Imperial Twilight"
branko2f7.substack.com/p/nobodys-war

The aloofness of Pax Sinica
A review of Martin Jacques' "When China Rules the World"
branko2f7.substack.com/p/the-aloofnes…

Read 4 tweets

Branko Milanovic

@BrankoMilan

Feb 25

It is surprising that some people are surprised that China in Point 1 of its peace plan reaffirms the support for UKR territorial integrity.
1 China has always said so; before the war and now.
Nothing new there.

2 China likes to reaffirm the respect for the principles of the UN and of international law (in part to distinguish it from the West's 'fantaisiste' "rules-based order").
3 Most important. Both PRC & RoC hold that the Mainland & Taiwan are one country. Hence Taiwan's possible UDI

is a violation of the territorial integrity of China. If China were to accept a non-mutually agreed change of borders in one place, it would implicitly accept such a change at home.

Read 4 tweets

Branko Milanovic

@BrankoMilan

Feb 13

It is not easy to find two such flagrantly contradictory statements made by one of the founders of economics (and indeed the inventor of its new name).

"For immigrants coming from a country in which the standard of living is low, to one in which it is high, may injure it materially as well as morally even though they carry in their own persons a good deal of invested capital, and produce in the country of their adoption,

more than they consume. (Alfred Marshall . 622; in the first four editions of Principles (1890-1907); deleted in the fifth).
And then:
"..we export to India every year a great number of prime young men. If their value were capitalized, as it would be if they were slaves,

Read 5 tweets

Branko Milanovic

@BrankoMilan

Feb 9

Djilas.
Last night I read this beautiful and harrowing description of the Battle of Sutjeska, the bloodiest & most difficult battle that Yugoslav partisans fought against Nazis and the domestic Fascists. 120,000 of the latter against 18,000 of communists.
oko.rts.rs/lektira/485019…

I have read it before. Djilas was an extraordinary writer, pitiless military commander, and a statesman. I read his books in English (they were not published in Yugoslavia) & I would suggest to everybody "Memoirs of a Revolutionary" (emotional), "Wartime" (hyper realistic),

"My conversations with Stalin" (dismayed believer).
I met him only once, in 1988 or 1989, when in a public forum he discussed the events in Eastern Europe and Yugoslavia. He showed little excitement.

Read 5 tweets

Branko Milanovic

@BrankoMilan

Feb 7

"The third, related reason is financial. As the mandate of the UN, the World Bank and other international institutions was broadened to include practically everything imaginable, it became obvious that the resources provided by governments were insufficient.

Here NGOs met billionaires and private-sector donors. In a series of actions unthinkable when the UN was created, private interests simply infiltrated themselves into organisations created by states and began to dictate the new agenda.

I saw this first-hand in the World Bank research department, when the Gates Foundation and other donors suddenly began to decide on priorities and to implement them. Perhaps their objectives as such were praiseworthy, but they should have gone about realising them independently.

Read 7 tweets

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