Written By: - Date published: 10:30 am, February 25th, 2014 - 12 comments
In my previous post on how a UBI would address inequality, it turns out I figured out something that is already known as a measure of inequality called the Gini coefficient and the Lorenz curve. A lower Gini coefficient is better and represents a more equal society. It is a recognised way of measuring and comparing inequality between countries, changes in equality overtime and for the effects of taxation proposals. Looking at it for NZ shows the effects of the last 30 years of neoliberal “reform”.