What’s happening to the world income distribution? The elephant chart revisited
In 2013, Christoph Lakner and Branko Milanovic published a graph—quickly dubbed the “elephant chart”—that depicts changes in income distribution across the world between 1988 and 2008. The chart has been used to support numerous reports of rising inequality fueled by increased globalization.[1] Every time a populist movement rises, every time the elite gather in Davos, … Continue reading What’s happening to the world income distribution? The elephant chart revisited
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