Slacker News Slacker News logo featuring a lazy sloth with a folded newspaper hat
  • top
  • new
  • show
  • ask
  • jobs
Library
← Back to context

Comment by teamonkey

8 months ago

Gini is a very rough tool. It’s trying to describe the shape of a curve with a single number. It describes the average inequality between any two people.

The curve can be skewed without the Gini number changing significantly if, say, the bottom 99% became increasingly more equal in income/wealth by becoming poorer overall, transferring income/wealth to the upper 1%.

0 comments

teamonkey

Reply

No comments yet

Contribute on Hacker News ↗

Slacker News

Product

  • API Reference
  • Hacker News RSS
  • Source on GitHub

Community

  • Support Ukraine
  • Equal Justice Initiative
  • GiveWell Charities