The Gini Coefficient – Measuring Inequality

Cartoon from here The Gini Coefficient - Measuring Inequality  The Gini coefficient is a value ranging from 0 to 1 which measures inequality. 0 represents perfect equality - i.e everyone in a population has exactly the same wealth.  1 represents complete inequality - i.e 1 person has all the wealth and everyone else has nothing.... Continue Reading →

Powered by WordPress.com.

Up ↑