stackyFACTSThe 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 one implies a single person hoards everything, which some modern billionaires seem to view as a personal challenge.
Keep exploring facts in this topic.
Economy →STACKY FOR IPHONEKeep discovering with Stacky. Interesting facts in an app that is always within reach.
This mathematical measurement of inequality shows that modern wealth concentration rivals the days of literal kings and peasants. We may have smartphones and…
Discover more
Trickle-down economics has been spectacularly successful, provided you look at the trickle going aggressively upward. Recent data confirms that the richest…
Discover more
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…
Discover more
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…
Discover more
The official threshold for being destitute is based on a food cost formula from the nineteen sixties, back when a loaf of bread cost pennies. By intentionally…
Discover more
The trickling down seems to be defying gravity. A tiny fraction of the global elite controls a completely disproportionate amount of the world's financial…
Discover more