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I think I may have worded that poorly, since it sounds like you're agreeing with me. GINI is a measure of relative distribution, but doesn't necessarily have an
by WaxProlix 7y ago
I think I may have worded that poorly, since it sounds like you're agreeing with me. GINI is a measure of relative distribution, but doesn't necessarily have anything to say about overall wealth. I was responding to someone who seemed to be saying that GINI is bad because it only measures one thing, which seems a lot like saying the centiliter is bad because it measures volume and not temperature, when sometimes you want to know both volume and temperature.