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 ...

Which countries are the most unequal when it comes to income? Discover the shocking gap between rich and poor in 39 selected ...

IN his influential 1975 book Equality and Efficiency ... The measure of inequality is the Gini coefficient, which varies from zero (all households having the same income) to 100 (all income received ...

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: ...

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

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

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 ...