Ranking Questions

Ranking income distribution, the Organization for Economic Cooperation and Development (OECD) says that Denmark is one of the most equal countries the world while Mexico is one of the least. For overa…

Inequality Questions

Astoundingly, the country in which we are born determines 60% of our income. And then, the next 20% relates to our parents’ affluence. Here are some answers to other interesting questions we nev…

Top Earners

A quiz: Looking at the top 1% of earners, how many are in financial services? Close to 75%, 50%, 25% or 10%? The answer: 10% (or precisely 13.9%) Next… How much does the top 1% earn? The 1% thre…

Placing the Poverty Line

Any family that earns less than 3 times the annual cost of a nutritionally adequate diet is below the poverty line. But should we agree with the placement of the line? If we say that poverty is “…

Are the Rich Getting Richer?

Their conclusion was clear. A recent Federal Reserve study tells us that the rich are getting richer. A closer look, though, reveals it is a lot more complicated. We need to be aware of two issues. Ho…

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