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The Standard e-Paper
Truth Without Fear
The Standard Group Plc is a
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Economists’ love for jargon and data gives them prestige, but alienates them from ordinary folks. Ask them about inequality, and they will quote the Gini index. Ask them about economic growth, and they’ll quote Gross Domestic Product. Some will ask why the product is included, yet services are included.
Let’s stop digressing and focus on inequality using the Gini index since 1912.
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