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That's income inequality. You want wealth inequality. http://fortune.com/2015/09/30/america-wealth-inequality/ http://fortune.com/2015/09/30/america-wealth-ine
by strken 8y ago
That's income inequality. You want wealth inequality.
http://fortune.com/2015/09/30/america-wealth-inequality/ http://fortune.com/2015/09/30/america-wealth-inequality/
Admittedly they only surveyed 55 countries, which I will openly admit to missing.
In addition, I'm not sure how the law of large numbers applies to wealth, which roughly follows a power law instead of being randomly distributed.
- daliusd 8y agoI think I want income inequality. Wealth inequality might be totally meaningless as wealth is guesstimate not exact value usually, e.g. look here https://en.wikipedia.org/wiki/List_of_countries_by_distribution_of_wealth https://en.wikipedia.org/wiki/List_of_countries_by_distribut..., is hard to say anything at all from Gini Wealth. Zimbabwe and Denmark can be compared by Gini index but that's completely nonsensical result: one corrupt and one happiest country in the world. I have mentioned law of large numbers because of population size, however rich ultra-rich might be that can't skew results in USA.