The world was more equal 200 years ago than it is now. Data from the World Bank and the United Nations shows that the world GINI coefficient was just over 0.4 in 1820 and is nearer 0.7 now. The GINI coefficient measures income inequality. In an area that was perfectly equal the score would be […]
Archives for July 2016
Learning the lessons of Brexit
In many ways the UK Brexit vote does not make sense. It would seem foolhardy for a service economy to alienate itself from its main market; the EU. Public blood-letting leading to the resignation of a sitting Prime Minister is an unusual course for the Conservative party to take. Labour’s decision to run an anemic […]