Is Inequality Inevitable?

Watch this video to review the Lorenz curve and learn how to calculate and interpret the Gini coefficient. Note that these concepts are usually described in more detail in macroeconomics. The video also explores whether a given society can avoid income/wealth inequality.

 

Source: TED-Ed, https://www.ted.com/talks/ted_ed_is_inequality_inevitable
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Last modified: Thursday, November 16, 2023, 2:32 PM