- The Rich Are Different March 19
Democrats have made income inequality a prominent issue of late, and there's a good reason why: Wealth distribution in the U.S. is far less equitable than it is in just about any other developed country.
Using data from the OECD's latest Society at a Glance report, the following chart compares countries based on their Gini coefficients. In short, the Gini coefficient is a number between 0 (representing perfect income equality) and 1 (total inequality, with one person holding a nation's entire wealth.)
"The United States continues to have higher levels of inequality than most OECD countries," the report says, "driven by rising gains by the wealthiest 1 percent and greater poverty among the poorest Americans." Keep that in mind the next time someone claims all this income inequality talk smacks of class warfare, socialism, or Nazi Germany.- -
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- Why Pakistan won't hunt down the terrorists within its borders
- Sorry, GOP, tax cuts don't pay for themselves
- How academia's liberal bias is killing social science
- Pope Francis' American problem
- How to be the most productive person in your office — and still get home by 5:30 p.m.
- Are there dogs in heaven? Let's hope not.
- 10 things you need to know today: December 19, 2014
- 43 TV shows to watch in 2014
- This week I learned your coin toss odds are better than you think, and more
- Hey, bosses: Stop giving bonuses to your employees
Subscribe to the Week