Tag: measuring Inequality

Measuring Inequality: On Using Snapshots When Only Video Will Do

Jun 2, 2014

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by

mwkruse

in Demography, Economics, Poverty, Sociology, Wealth and Income, Weatlh and Income Distribution

When it comes to understanding inequality, the debate is frequently burdened with many misunderstandings about data. When talking about wealth inequality, we see statements like "85 people own more wealth than the bottom half of humanity." Wealth is routinely misunderstood to mean money and things someone owns. It isn't. Wealth is someone's total assets minus…