
β Dev Raga Personal Finance25 aug Β· 24 min
633 what is the Gini coefficient?
In this episode Dev unpacks how the Gini coefficient is used to measure economic inequality. He explains how it works plus:
ππΎ income inequality vs wealth inequality
ππΏ what is the Lorenz curve
ππ» what is Pigou-Dalton principle
π limitations of the Gini coefficient
ππΌ where does Australia sit relative to the OECD countries
ππ½ his top takeaways
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