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Whenever the income inequality of the US is discussed, I wonder about the global income distribution. The US is no longer a closed system, so it may not be mean
by holmak 14y ago
Whenever the income inequality of the US is discussed, I wonder about the global income distribution. The US is no longer a closed system, so it may not be meaningful to consider the US income distribution on its own. Does anyone here know how income inequality is doing globally?
- CurtMonash 14y agoI don't have numbers at my fingertips. That said: Less developed countries seem to be growing faster than developed ones. That said, while gratifying huge numbers of people in China, India and smaller countries are moving up in the middle class, they're leaving many of their poorer countrypeople behind. (Also, beware of any attempt to present the numbers so simply that commodity price swings are allowed to have a major influence.)