Statistical Indexes for Measuring Inequality

How to calculate inequality indexes using Python

1. Introduction

Inequality is one of the topics evoking immense interest from economists. It essentially concerns with the distribution of benefits of economic growth. High inequality is often said to be self-reinforcing. The rich, having more political power, use it to promote own interests and entrench their relative position in the society. The negative effects due to exclusion and lack of equal opportunity are made permanent thereby …

economics inequality python statistical statistics