What's Your Nation's Gini Coefficient? (Economics) #whatsyournations #ginicoefficient #humor #economics #graph #funny #geek #economist #wordsandunwords Here's a mug featuring the inquiry "What's Your Nation's Gini Coefficient?" The Gini index shows the income disparity amongst different nations -- ranging from United States, Japan, and Brazil -- since World War II.
Debates over income inequality are a hornet's nest. Everyone agrees it has gone up over time. But by how much depends on how it's measured. And whether that growth is a problem is another area of dispute. Here are a few things to keep in mind as the fur flies.
Gini coefficient - measure of statistical dispersion of income distribution
Gini coefficient - Wikipedia
The Gini Coefficient, a method often used to measure income inequality, finds that more equal societies are happier. A 2010 study found that in the U.S., happiness levels off at about $75,000 annual income — anything more is superfluous.