For years, the number used to measure inequality has been the Gini coefficient. It’s not hard to see why, given its alluring simplicity: 0 denotes perfect equality, in which everyone’s income ...

If there is no difference between these two, the Gini coefficient becomes 0, equivalent to perfect equality, while if they are very far apart, the Gini coefficient becomes 1, which corresponds to ...

Trump’s presidency 2.0 is ready to be swept by the first MAGA wave of the 2016 presidential campaign. Trump’s inaugural ...

The value of the Gini coefficient varies between 0 and 1. The value 0 indicates perfect income equality, i.e. everyone has exactly the same income. A Gini coefficient of 1 indicates total inequality: ...

Ever wondered which nations are the worst offenders when it comes to wealth inequality? Discover the shocking gap between ...