Gini Coefficient

In economics, the Gini coefficient (/ˈdʒiːni/ JEE-nee), also known as the Gini index or Gini ratio, is a measure of statistical dispersion intended to represent the income inequality, the wealth inequality, or the consumption inequality[2] within a nation or a social group. It was developed by Italian statistician and sociologist Corrado Gini. https://en.wikipedia.org/wiki/Gini_coefficient

• see "limitations" section

Jan'2025 Brian Marick thread with article posts from me, focused on the change in the US value over time.

• in particular pondering the jump in value in 1993, the 1st year of Bill Clinton's term - but a couple of the articles I references said the majority of the effect was due to a measurement method change, and that the increase 1967-2012 was more steady and driven by increasing-returns for symbolic analysts.