Tag Archives: Gini coefficient

A Better Yardstick for Measuring Inequality

Just 85 of the world’s billionaires, the anti-poverty group Oxfam reported earlier this year, hold as much wealth as the entire bottom half of the world’s population, 3.5 billion people in all.   Seven of every ten people on earth today, Oxfam added, live in nations where inequality has jumped since the 1980s. Our richest global 1 percent currently own a whopping …

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