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I spotted an article and accompanying graphic yesterday on income inequality around the world. The authors chose to use a relatively new measure of inequality called the Palma measure. A quick Google search showed that the push seems to be coming from Alex Cobham and Andy Sumner at the Center for Global Development. The current […]
The other evening I heard that the Washington Nationals had a two percent change of making the playoffs. Naturally I wondered how someone had computed that probability. That led me to the site coolstandings.com where all the numbers for all the teams are laid out for everyone to see. What is really nice is the […]
My last two posts focused on the question of “Do we need more college grads?” and with education and unemployment. To further round out the picture today I want to look at data on education and income. Most studies that I have read seem to focus on the lifetime earnings “advantage” of a college degree. […]