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 ...
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 ...
Articles, studies and U.S. Census data focusing on wealth inequality rely on the Gini coefficient. How is it calculated, and what does it tell us? Frank Cowell, an economist at the London School of ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
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 ...
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