Articles, studies and U.S. Census data focusing on wealth inequality rely on the Gini coefficient. How is it calculated, and what does it tell us? Frank Cowell, an economist at the London School of ...

· Poverty rate down from 12.3% to 11.8%; childhood poverty fell faster; net 1.4 million people left poverty · Income in the bottom 80% of households was up significantly, only the top 20% of ...

Much has been written about the relationship between inequality and economic development, but theory remains inconclusive. When income is more concentrated in the hands of a few individuals, this can ...