This dashboard shows the distribution of income at a country and regional level for different years. The horizontal axis denotes the percentage of the population, while the vertical axis shows the ...
He is right, up to a point. The concentration of world income in the wealthiest quintile (fifth) of the world's population is indeed shocking and cannot meet any plausible test of legitimacy. The ...
It is based on the Lorenz curve, a cumulative frequency curve that compares the distribution of a specific variable (for example, income) with the uniform distribution that represents equality. To ...