The report is available here: https://t.co/mrvWz1IzIe
1/OK, data mystery time.
This New York Times feature shows China with a Gini Index of less than 30, which would make it more equal than Canada, France, or the Netherlands. https://t.co/g3Sv6DZTDE
That's weird. Income inequality in China is legendary.
Let's check this number.
The report is available here: https://t.co/mrvWz1IzIe
The graph cites the World Development Indicators as its source for the income inequality data.
Here's the Gini index: https://t.co/MvylQzpX6A
It looks as if the latest estimate for China's Gini is 42.2.
That estimate is from 2012.
I can't find the <30 number anywhere. The only other estimate in the tables for China is from 2008, when it was estimated at 42.8.
Everyone except the "Fair Progress?" report, and the New York Times feature, seems to agree that the World Bank's most recent estimate of China's Gini is 42.2.
But the GDIM doesn't have income GINIs. So that can't be where these weird numbers were from (unless the data was mislabeled).
https://t.co/vmzz57YeFf
Wow. China has higher income mobility and lower inequality than the United States https://t.co/29BHdzbAll
— Tanay Jaipuria (@tanayj) November 19, 2018
(end...for now)
The Gini number the NYT used was from the 1980s. It was not labeled as such.
Hi Noah, Thanks for reaching out. The figure you refer to shows a Great Gatsby curve that plots income mobility against inequality for parents generation, i.e. inequality in 80s. Gini for China is around 0.3 at that time, and can be found in PovCalNet & @BrankoMilan All the Ginis
— Roy Van Der Weide (@rroyji) November 19, 2018
More from Noah Smith
I will be live-tweeting again, and you can also watch video at either the Twitter or Facebook links below!
Bloomberg Ideas conference now starting! I will be live-tweeting it. You can watch on our Facebook or Twitter pages (links below)! https://t.co/Mbr9dZzWBy
— Noah Smith (@Noahpinion) October 25, 2018
Kaissar: Every industry gets regulated when it gets big. The question is what kind of regulation Big Tech will get,and whether the companies will be proactive in shaping it.
Kaissar: More profitable companies have higher returns. Why? Maybe it's a risk factor, because more profit = higher risk of getting regulated.
Bershidskyis showing a diagram of GDPR complaince pop-ups. What a massive ill-conceived bureaucratic mess.
Ritholtz: It's 2018 and we're still talking about Facebook privacy settings?! If you're still giving your personal data to Facebook, you just don't care about privacy!
More from Society
A thread exploring the Nashville bombing in the context of the 2020 Digital War (via SolarWinds) against the United States perpetrated by our enemies, likely China, Iran and/or Russia.
SolarWinds Hack
A digital "Pearl Harbor" moment for the United States, whoever was responsible had access to the keys to the kingdom for months during 2020, including sensitive military infrastructure. This is war!
SunGard + SolarWinds
SolarWinds software company is owned by same company that owns SunGard, which essentially provides data center services. A secure place to host internet servers with redundant power and "big pipe" data connections.
https://t.co/U3P3SrrkM1
SunGard Data Center
In Nashville, around the corner from their "big pipe" connection, AT&T. Like any data center, highly secure. Only authorized personnel can enter, and even fewer can access the actual server rooms. Backup generators are available in case of power failure.
If the SunGard hardware was being used to "host" critical command and control software related to SolarWinds, the US powers would be very interested in gaining special access keys that are stored on the hard-drives of specific servers.
My first observations in the main thread are here, but this offshoot is needed because there's been so many wise & witty things I've
37.90/ Limbaugh was a cruel hate-machine who made a fortune off hurting people. To say "don't speak ill of the dead" is the attitude of abuse enablers.
— Joshua Cypess (@JoshuaCypess) February 18, 2021
If you can't condemn a ghoul who dedicated his life to destroying society, you're part of the problem! https://t.co/ijvG2zDACH
2/ First, re: those who in their wayward moral obtuseness feel we "can't speak ill of the dead." I've said that this is what abuse enablers say, but I hear that some religious traditions preach this. Oy.
So there's this: https://t.co/7Ky4RA3nkZ &
This is how Rush's death should be honored. Let's not speak ill of the dead, let's quote Rush speaking ill of the dead.
— Sane English (@SaneEnglish) February 17, 2021
3/ Drucker is another great wit, and this carries the proper mood
It's easy to make fun of Rush Limbaugh right now, but it's important to remember that he also brought a lot of people a lot of joy by dying
— Mike Drucker (@MikeDrucker) February 17, 2021
4/ There's definitely a Jewish Tradition angle for how to treat evil people who die: the only respect is to justice, right & wrong, and above all compassion's existence necessitates condemning cruelty
It\u2019s ok\u2014essential, even\u2014to speak the truth about people who caused great harm.
— Rabbi Danya Ruttenberg (@TheRaDR) February 17, 2021
Even after their death.
5/ We're coming up on #Purim, and that's all about how to remember evil. There may be a reason, then, that I share the attitude of many other people committed to righting
today i said Jewish culture requires dancing on the graves of those who have wronged us and i picked up like 300 followers LMAO
— Erin Biba (@erinbiba) February 18, 2021
people love Jewish vengeance \U0001f923\U0001f923
wait till they hear about Purim