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That's actually my point: if you take (e.g.) 65% of median income, in a world with a Gini coefficient of 1 - perfect inequality - the rate of poverty is 0%.
by automatic6131 1y ago
That's actually my point: if you take (e.g.) 65% of median income, in a world with a Gini coefficient of 1 - perfect inequality - the rate of poverty is 0%.
- DiogenesKynikos 1y agoBut that's an edge case that will never occur in reality.