Income (or wealth) inequality is measured using the normalised Gini coefficient. The normalised Gini coefficient (unlike the traditional Gini coefficient) takes into account negative values in a ...
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The Gini Coefficient: A flawed measure of inequality
IS South Africa the world’s most unequal country? No. The numbers are lying to you. The Gini Coefficient, the flawed metric behind this damaging myth, ignores billions in black wealth, millions of ...
Economic inequality is easy enough to find statistics on, but these are often difficult to parse. For example, politician Bernie Sanders, a vocal campaigner for equality, has provided various data ...
Donald J Trump knows meaning of the term ‘shithole country’; an unfortunate phrase he used in 2018 with primary reference to Haiti. This small article seeks to define said term with reference to the ...
China has published the calculation methods of the Gini coefficient reflecting social wealth gap, the National Bureau of Statistics (NBS) announced on Friday. A new survey system was set up at the end ...
President Obama will make economic inequality a central theme of his State of the Union address on Tuesday, according to reports, highlighting the issue's emergence as a key political issue. Less ...
We recently compiled a report on the 30 Countries with Highest Gini Coefficient and in this article we will look at the country with the highest wealth inequality. According to the World Inequality ...
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