How to Read the Signs in Global Income Data

https://distributionmatters.alderbrief.com/posts/how-to-read-the-signs-in-global-income-data

Reading global income data requires looking beyond averages. Notice the skew: a few soaring incomes can mask stagnation for most. Track median figures and the Gini coefficient—they reveal inequality better. Also, watch purchasing power parity, not just nominal dollars, to see what people can actually buy. These signs tell you if growth is real and shared.