### What Does the Lorenz Curve Measure?

An basic introduction to the Lorenz curve. Learn how to use it to measure income equality and how to plot the Lorenz curve itself.

### What Does the Lorenz Curve Measure?

An basic introduction to the Lorenz curve. Learn how to use it to measure income equality and how to plot the Lorenz curve itself.

### What Does the Lorenz Curve Measure?

An basic introduction to the Lorenz curve. Learn how to use it to measure income equality and how to plot the Lorenz curve itself.

### This Chart Shows How Rich People Make Their Money Totally Differently From Everyone Else

What's even scarier is that this data is from 2007 CBO data. The Great Recession is likely to have made these curves even steeper. We are living in a highly unequal society.

### Income Inequality and the Gini Coefficient

Figure 1: Illustration of Gini Coefficient and Its Calculation. Suppose we examine the income of every individual of a country and arrange the individuals in order of increasing income. If we plot the percentage of national income versus the population percentage (Lorenz curve), we will get a curve like that shown

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