stackyFACTSThis mathematical measurement of inequality shows that modern wealth concentration rivals the days of literal kings and peasants. We may have smartphones and indoor plumbing now, but the economic divide is functionally identical to the era of lords and serfs.
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Right before the peasant class brought out the guillotines, the resource divide between the aristocracy and the poor was actually less extreme than it is…
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Trickle-down economics has been spectacularly successful, provided you look at the trickle going aggressively upward. Recent data confirms that the richest…
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Some lines on a chart exist purely to remind you how wildly unfair the universe is. The Lorenz curve is a graphical representation of resource distribution…
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The Gini coefficient turns the terrifying gap between the ultra-rich and the poor into a neat little decimal. A score of zero means perfect equality, while a…
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While microeconomics worries about why you chose to buy a generic brand, macroeconomics zooms so far out it loses sight of the individual entirely. It…
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The most important lever in a modern capitalist society is completely insulated from democratic voting. A handful of appointed economists dictate exactly how…
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