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Glad someone else caught that. Another glaring issue with the Gini coefficient is that it tracks income inequality and not wealth inequality. It's well known

• dragonwriter 13y ago
  > Another glaring issue with the Gini coefficient is that it tracks income inequality and not wealth inequality. Well, people more frequently cite the Gini coefficient of income, but you can take a Gini coefficient of any measure, including wealth [1]. > It's well known that the rich don't make their money via income but rather through ownership. The money made through ownership is income -- making money is equivalent to income. Its true that source of that income is different for the richest than most other people (most of the richest derive most of their income through capital, while most of the rest derive most of their income through labor), but its still income. [1] Gini coefficients of wealth are, e.g., presented here: http://en.wikipedia.org/wiki/List_of_countries_by_distribution_of_wealth http://en.wikipedia.org/wiki/List_of_countries_by_distributi...