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mk · 4599 days ago · link · · parent · post: If supply side economics worked wouldn't Gini score and Gdp per capita have a positive correlation?
The R^2 doesn't really knock your socks off, but there's something there. So that's 10x the Gini coefficient on bottom, and $GDP per capita on the left, I assume. I found this 2006 plot which looks similar.
JakobVirgil · 4599 days ago · link ·
He left off Singapore Hong Kong and Norway.
As well as all of Africa and most of south america What line of fit should one use for a l-shaped chart? Gini score seems to be non-correlated for the very poor countries and increasingly so for the richer ones. If Reganomics worked we would see high ginis correlating with high wealth this is not evident at all in the either chart.