A Non-Partisan Analysis of Income Inequality as an Explanation for the Rise in U.S. Populism
Former JPMorgan Chase Global Chief Economist (Ph.D. in Economics) & Current BrightQuery Chief Economist
A widely used non-partisan income inequality metric is the U.S. Gini Coefficient (GC), which measures income distribution across U.S. households computed annually by the World Bank. A reading of zero signals perfect equality, while a reading of 100 implies perfect inequality, as all the income in the country goes to one person!
Not surprisingly, the …
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