If we analyse the Covid 19 pandemic, we have to face the facts that nobody has been feeling 100% since lockdown began. A straw poll of my friends, family, colleagues and business associates has revealed that they have found themselves more irritable, more easily overwhelmed, and more prone to making mistakes than ever before. When…
Author: Amira
UK income inequality is greater than previously thought
The most widely used single measure of inequality is the Gini coefficient. It is based on the Lorenz curve, a cumulative frequency curve that compares the distribution of a specific variable (e.g. income) with the uniform distribution that represents equality. In a reassessment of the income gap between the country’s top earners and lowest-paid, an…
John Maynard Keynes, Economic Possibilities for our Grandchildren (1930)
We are suffering just now from a bad attack of economic pessimism. It is common to hear people say that the epoch of enormous economic progress which characterised the nineteenth century is over; that the rapid improvement in the standard of life is now going to slow down –at any rate in Great Britain; that…
What are the SDG10 Targets for 2030?
By 2030, progressively achieve and sustain income growth of the bottom 40 per cent of the population at a rate higher than the national average By 2030, empower and promote the social, economic and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, religion or economic or other status Ensure equal opportunity…
What is the United Nations Social Development Goal 10?
Income inequality is on the rise—the richest 10 percent have up to 40 percent of global income whereas the poorest 10 percent earn only between 2 to 7 percent. If we take into account population growth inequality has increased by 11 percent. Income inequality has increased everywhere in recent decades, but at different speeds. It’s…