Saturday, July 11, 2020

yawning gap

POCKET WORTHYStories to fuel your mind.

How Rich Are the Rich? If Only You Knew

Got a spare $250 million? If you’re among the 0.1 percent, you probably do.

The Conversation
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Chris Rock cited the free food, drinks and massages at the Virgin upper-class lounge at Heathrow Airport in his comments about inequality. Photo by Faruk Ateş, CC BY-NC.
“If poor people knew how rich rich people are, there would be riots in the streets.”
Actor and comedian Chris Rock made this astute statement during a 2014 interview with New York magazine, referring to the yawning gap between rich and poor. In so doing, he stumbled upon a key challenge in the study of inequality.
What’s the best way to measure it?

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