Economic inequality by Biswajit Sha
There are wide varieties of economic inequality, most notably income inequality measured using the distribution of income (the amount of money people are paid) and wealth inequality measured using the distribution of wealth (the amount of wealth people own). Besides economic inequality between countries or states, there are important types of economic inequality between different groups of people. Differences in national income equality around the world as measured by the national Gini coefficient as of 2018.[1] The Gini coefficient is a number between 0 and 100, where 0 corresponds with perfect equality (where everyone has the same income) and 100 corresponds with absolute inequality (where one person has all the income, and everyone else has zero income). Global share of wealth by wealth group, Credit Suisse, 2021 Wealth disparity in major cities Skid row tents Tents of the homeless on the sidewalk in Skid Row, Los Angeles a Beverly Hills mansion An affluent house in Holmby Hil...