Comments on: GDP per Capita vs Gini Index

By: Forskjellen som utgjør en forskjell | bortne

Forskjellen som utgjør en forskjell | bortne — Fri, 24 Feb 2012 09:22:21 +0000

[...] en hemmer eller trigger for økonomisk vekst. Verdensbanken har oppsummert noen av argumentene. Et grafisk plot (som er noen år gammelt) fra @visualecon viser at høy ulikhet faller sammen med lav BNP (brutto [...]

By: R. Todd Belt

R. Todd Belt — Wed, 09 Nov 2011 03:42:00 +0000

The value of having Gini on the horizontal (abscissa) is that this sets up the concept that shared wealth (GDP/capita in this case) is intuitively a function of inequality. Which then leads to the next question of “what is the optimal inequality, as measured by Gini, that leads to our highest level of wealth?” From which we can have a rational debate on various government activities.

Regarding your corruption statement. That is intriguing. I think that affects the “magnitude” of the function.

By: Occupy Protesters Should Fight the Real “System” – Big Government | Political Crush

Tue, 18 Oct 2011 12:26:55 +0000

[...] of free-riding on America fighting the war on terror. Finally, in free market economies, there is no correlation between economic inequality and standard of living. While the rich have gotten richer in the U.S. [...]

By: Rogue Operator

Rogue Operator — Mon, 17 Oct 2011 23:11:03 +0000

By: In 2012 Will Tea Party Occupy Washington? Big Majority Blame Kleptocrats, Not Fat Cats for Bad Economy « Rogue Operator

Mon, 17 Oct 2011 22:41:40 +0000

[...] free-riding of the U.S. fighting the war on terror. Finally, in free market economies, there is no correlation between economic inequality and standard of living. While the rich have gotten richer in the U.S. [...]

By: David Reber

David Reber — Sun, 03 Jul 2011 06:43:00 +0000

What would be the advantage of putting this on a log graph?

By: David Reber

David Reber — Sun, 03 Jul 2011 06:42:00 +0000

Where did you get this data from?

By: tedintige

tedintige — Tue, 31 Mar 2009 01:19:04 +0000

By: Michael Sullivan

Michael Sullivan — Sat, 28 Mar 2009 02:40:22 +0000

It would be interesting to see this on a log-log graph. I suspect the data would group about a relatively straight line sloping down, and the US would appear to be less of an outlier.

By: gil

gil — Sun, 13 Jul 2008 04:05:16 +0000

I find plotting GDP per capita on the horizontal axis and GINI on the vertical leads to greater understanding. There is a surprise in this data, although the GINI is realitively flat to per capita GDP, richer countries are generally more equal (lower GINI score). This is contrary to popular belief. The US is a anomaly with a high relative level of inequality for a high income. I think the inference is poor people are poor because corruption leads to inequality.