Here’s an analogy that I used in an e-mail exchange about Milei with some leftist friends yesterday, I asked, “If you’re a copilot in a plane and the pilot has you hurtling toward a crash landing at 300 miles per hour and you decide to take the controls, will you instantaneously ...
However, this data is skewed due to the real big income earners in the group, and if you did indeed make P50,000 or so a month for a family of 5, that would actually place you roughly in the top 6-7% of the entire nation. In other words, a whopping 93% of families or so LIVE...
which appears to have resulted in some visible poverty increase on the ground since the middle of last year. However, there seems to be a deliberate effort being made
As seen in this illustration from Wikipedia, a high coefficient means some people have a lot more income than others and a low coefficient means most people have similar levels of income. I’ve never been a big fan of the Gini coefficient for three reasons. First, it’s often used by ...