Tag Archives: Gini Index

The Great Gatsby Curve: Inequality and Social Mobility by Country

An interesting graphic from Bloomberg Business Week: Advertisements

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Economic Inequality Map

  Perhaps the best map of all from the Washington Post series: shows what company the US keeps in its economic inequality: Russia, China, poor countries in Africa and South America, though Brazil and South Africa are even more unequal. … Continue reading

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Global Inequality Map: a Major Cause of Conflict

Always interesting to see a map of the world with inequality shown and mentally think about how much conflict there is in the unequal countries, including gun deaths in the US which is now joining the most unequal club. China … Continue reading

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How Unequal is the USA by International Comparison?

One way to measure inequality is the GINI index which would be 0.00 for a completely equal country and 1.00 for a country where a Bill Gates earned everything. The index is described at: http://en.wikipedia.org/wiki/Gini_coefficient The major international GINI index … Continue reading

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Gini Index 0.38!: Another Occupy Wall Street Slogan

I guess one of the ways that Occupy Wall Street needs to become more economically literate is by knowing about the Gini Index, which measures inequality. The Gini Index is 0 if everyone has the same income, and 1 if … Continue reading

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