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We have a way to measure this, it's called the Gini Coefficient, and it spiked in the 80's under deregulation and tax cuts for the wealthy. Since then, it's bee
by standardUser 1y ago
We have a way to measure this, it's called the Gini Coefficient, and it spiked in the 80's under deregulation and tax cuts for the wealthy. Since then, it's been out of whack with Western norms and now more closely resembles Latin American wealth distribution.
https://data.worldbank.org/indicator/SI.POV.GINI?end=2023&locations=US&start=1963 https://data.worldbank.org/indicator/SI.POV.GINI?end=2023&lo...
- programjames 1y agoI think the Thiel index is more theoretically grounded (essentially measures entropy). Not sure if data gets collected on it though.