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Amanda Anna G

Changes in the US regional income distribution | FT Alphaville - 0 views

  • Changes in the US regional income distribution
  • Readers of our post on the unequal distribution of healthcare productivity across the US will notice that the states with the lowest median incomes are the ones that were originally settled by Cavaliers and Borderers, with the notable exceptions of Virginia and Maryland. Despite a general tendency towards rising inequality in the US income distribution, regional inequalities haven’t changed much since 1984,
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    This article deals with the income distribution in the US for some years back. There are charts showing the data for now and a few years back, explaining the change in the distribution of income in the different states in the US. 
Mariam P

Perceived Growing Income Distribution Inequality in Indonesia - 1 views

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    According to a survey conducted by Lembaga Survei Indonesia (LSI) most Indonesians believe that Indonesian society is characterized by a high degree of income distribution inequality. More than 90 percent of respondents see income inequality in Indonesia, while about 40 percent of respondents believe there is no equality at all regarding income distribution in Indonesia.
Haydn W

Income distribution of New York City: What does it take to be rich? - 1 views

  • So You’re Rich for an American. Does That Make You Rich for New York?
  • New Yorkers have a notoriously skewed sense of wealth—at least when they work in industries like finance or media and live in Manhattan or Brooklyn. It’s hard not to, seeing how we’re surrounded by expensive restaurants, expensive apartments, and expensively dressed people who seem able to afford it all.
  • If I mention that a six-figure salary counts as rich in much of the country—that just $250,000 gets you into the top 2 percent—the response is usually, “Sure, but that’s not New York rich.”
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  • The greater New York metro area may be home to an enormous share of the country’s 1 percenters, and it's certainly a magnet for exorbitant, plutocratic wealth. But in the city itself, the basic income curve isn’t that exceptional. In the entire U.S., according to the Census, about 22 percent of households earn six figures. In NYC, it’s about 25 percent.
  • Real estate here is expensive, and we don’t get much square footage for our buck. But as I wrote yesterday, the high rents in this city are balanced out somewhat by the low, low cost of commuting on the subway. (Not paying for a car, or gas, or car insurance is pretty financially sweet.)
  • Combine that with the fact that salaries are somewhat higher than average here, and New York is reasonably affordable compared with other large cities.
  • The upshot: If you’re rich by U.S. standards, you’re probably also rich by New York standards. Now, if you do want to see a city where incomes are crazily out of line with the national norm, check out San Francisco, where 39 percent of households make six figures—it really is becoming a city for the rich.
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    This article from Slate tackles the issue of income distribution in one of the most notoriously expensively cities on Earth - New York. The article relates the economic principles learned this week to real life and the cost of living in a bustling city, with an interesting conclusion that might surprise some.
Pip Dop

Exposed: The Africans named in the HSBC Swiss Leaks - 0 views

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    This is an interesting article that exposes some African clients involved in the HSBC Swiss leaks. It is a striking real life example of how inequal distribution of income is still an issue; Eritrea, ranked 182nd out of 187 in the HDI report has the client banking the most substantial sum of all Africans considered.
Zube Iheobi

Expanding Municipal ID Cards | Center for Popular Democracy - 0 views

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    i think this article proposes what will help lessen the effect of income inquality. closing the social gap between the rich and poor zubeee
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