Wednesday, September 26, 2012
Just how unequal modern societies are becoming is a big political question these days. My native UK has much the same arguments going on as we see in the US at present. Society has become more unequal, this is a bad thing and we need to do something about it.
The Amazing Thing About American Inequality: How Equal The Country Is
Census has just released the figures on income inequality in the United States. Fascinating reading it makes too. Well, OK, fascinating for the data geeks like myself perhaps. For there’s an interesting little misunderstanding about these figures. There’s an awful lot of people using them to tell us how amazingly unequal the United States is. When in fact the figures show that the country is nothing out of the ordinary for an advanced industrialised nation. The problem is that people are looking at the US figures as released and comparing them to those of other countries. Something that you really cannot do given the way that the various sets of figures are collected.