Mark Krugger – American Families Only Half as Rich as Those in Chinese Cities

Summary:
The ratio of average to median net worth is a measure of how equally wealth is distributed. If everyone’s wealth was exactly the same, the ratio of the two net worth measures would be 1.0. China’s mean household net worth is double its median. The ratio in the US is seven times, pointing to a much more unequal distribution of wealth. Mark Krugger - American Families Only Half as Rich as Those in Chinese Cities

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Lars Pålsson Syll writes Järnvägskaoset i Sverige

Joel Eissenberg writes The economics of rare disease therapies

Robert Vienneau writes Selected Difficulties In Reading Marx’s Capital

Eric Kramer writes The debate