Feb 1, 2011

Unequal countries

This is the best graph I've ever seen to picture how unequal Brazil is, or how relatively rich the poorest Americans are. As Alex Tabarrok explains, the graph shows that the bottom 5% of Brazilians are among the poorest people in the world but the top 5% are among the richest. The poorest 5% of Americans are richer than nearly 70% of humans. The poorest 5% of Americans are richer than the richest 5% of Indians. This remarkable chart is from Branko Milanovic's book The Haves and Have Nots.

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