Understanding the Genie in the Bottle, Volume I
Posted in Inequality on Aug 1st, 2011
The chart below depicts a measure known as the “Gini Coefficient” for the entire United States from 1967-2009: This is the image that people typically have in mind when they make claims that inequality in the United States is increasing. By this measure called the Gini Coefficient, it appears that income inequality increased by about […]
