From the New York Times
Technorati Tags: Happiness, United States, Income
Popularity: 6% [?]
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Making the “Invisible Hand” Visible
From the New York Times
Technorati Tags: Happiness, United States, Income
Popularity: 6% [?]
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I went back to my 2005 US Income Distribution graph and changed the scale to match the logarithmic scale used in Gapminder’s World income distribution 2003 graph which shows the historical income distribution from 1970-2000 for selected countries.
{Click on the graph to take a closer look}
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Technorati Tags: US Income Distribution, Gapminder, World Income, Census Income Distribution
Popularity: 7% [?]

Scatter plot of 113 countries comparing wealth vs income inequality. The red square is the United States.
The L shape of the scatter plot was not what I expected. However, many countries don’t have a recent Gini index (1987 to 2003) while GDP per capita is available for 2003/2004 for most countries.
Definition of Gini index a measure of income inequality.
0 = equal distrubution
100 = one person has everything
Popularity: 6% [?]