Tag Archives: Gini Index

Three words everyone should know: Income Gini coefficient

In a world where just 62 people own as much wealth as half the world’s population The words “communism” and “capitalism” are just buzzwords to stir emotions for world’s elite. The words everyone needs to be aware of are: Income … Continue reading

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Quintiles of Gini Index by County 2006-2010

  I said more “Gin”!  Not “Gini”.  Burp!

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Income inequality in the U.S. rivals that of developing nations

The distance from Bridgeport, Connecticut to Bangkok, Thailand is 8,639 miles. But then, it depends what one means by the word “distance.”As we discovered in the first installment of this GlobalPost Special Report, by some measures there is not much … Continue reading

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Paul Ryan, The Path to Prosperity and the Peter Principle

“The remainder of Ryan’s 73-page masterpiece is laden with superficial facts and figures (arguably as fictional as Borges) with little or no attribution. At some point, “the theory of gravity” ceases to be a controversial subject and like gravity there … Continue reading

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Gini Coefficient and Income Inequality

Gini, schimdie,… See, the U.S. is on par with China! The Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal … Continue reading

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