Thursday, August 15, 2024

Global Gini Coefficient is going down since 2000 + How to build a Viz (line graph)+ What is the Gini Coefficient and how to calculate it

A good viz on how you should build a line graph and the importance to have all the relevant information but no more than that (see the slides https://docs.google.com/presentation/d/1Xud7dLnlV2kNC23PRprvvK1cVZOGvDx9EGVmVI_cijk/edit#slide=id.p “Perfection is achieved, not when there is nothing more to add, but when there is nothing left to take away.” ―Antoine de Saint-Exupéry Additionally, it seems the Gini coefficient is going significantly down worldwide that is also a great news and against ordinary knowledge. If you want to learn more on Gini coefficient and how it is calculated see the below resource from Khan Academy: https://youtu.be/y8y-gaNbe4U?si=QMvpWDFqXXuR-X6R https://slowrevealgraphs.com/2024/08/14/at-a-global-level-income-inequality-is-estimating-to-have-improved-since-2000/

- Pedro

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