Rethinking Capitalism (ReCap) Webinar Series

The Journey of Humanity: The Origins of Wealth and Inequality

by Oded Galor (Brown University)

Wednesday 30 March 2022, 17:00 (CEST) - Online (ZOOM) from the University of Milano-Bicocca

Webinar Description

While the evolution of technology has been a gradual process, accelerating over time, living standards have not followed a similar path. The ascent in the quality of life since the early nineteenth century has been the outcome of an abrupt transformation. How western societies broke out of the Malthusian poverty trap, the Mistery of Growth, lies in the interplay of the industrial revolution, rising education, and falling fertility rates. Geographical, institutional, cultural, and societal factors are behind the different timing with which the various areas in the world experienced this liberation and, therefore, the exploding worldwide inequality meanwhile. The prosperity that has continued until now is currently under threat from environmental degradation and climatic change. The opportunity window to make the human journey sustainable, avoiding the worst consequences of climatic change, is still open, but, admittedly, there is no time to lose.

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Wednesday 30 March 2022, 17:00 (CEST)


ZOOM streaming from the
University of Milano-Bicocca

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In collaboration with

Oded Galor (Brown University)


Online Papers

Amaral-Garcia, S., Dalla Pellegrina, L., & Garoupa, N. (2020). Consensus and Ideology in Courts: An Application to the Judicial Committee of the Privy Council (Working Paper No. 430). University of Milan Bicocca Department of Economics, Management and Statistics.

Baiardi, D. (2019). Do Sustainable Energy Policies Matter for Reducing Greenhouse Gas Emissions? SSRN Electronic Journal

Baiardi, D., & Morana, C. (2020). Climate Change Awareness: Empirical Evidence for the European Union. SSRN Electronic Journal



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