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The Gini* is out of the bottle
Manage episode 290863654 series 2916992
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Early on during the pandemic there was a popular refrain: "We're all in this together." Sadly, time has shown that to be a fiction. The recession ended for the haves months ago. Meanwhile, it's gotten harder and harder for many of us to kumbaya our way through it all. Join us as we talk with our go-to economists Shuaib Hassan and Chinesom Ejiasa about the wealth gap—what it looks like today, how we got here and what it means for us going forward. It may be economics, but we promise you it's not boring!
*Regarding the Gini in the title:
The Gini coefficient, sometimes called the Gini Index or Gini ratio, is a statistical measure of distribution intended to represent the income or wealth distribution of a nation. It was developed by Italian statistician Corrado Gini in 1912, and today is the most commonly used measurement of wealth or income inequality.
https://en.wikipedia.org/wiki/Gini_coefficient
Info and background links for today's show:
Shuaib Hassan:
https://www.linkedin.com/in/shuaib-hassan-mba-7119363/
Chinesom Ejiasa:
https://www.linkedin.com/in/chinesom-ejiasa-9277468/
Interesting info on the Wealth Gap:
https://www.pewresearch.org/fact-tank/2020/02/07/6-facts-about-economic-inequality-in-the-u-s/
Byron Rumford and the California Fair Housing Act:
https://en.wikipedia.org/wiki/William_Byron_Rumford
The Sustainable Development Goals:
https://sdgs.un.org/goals
Redlining's legacy:
https://www.forbes.com/sites/brendarichardson/2020/06/11/redlinings-legacy-of-inequality-low-homeownership-rates-less-equity-for-black-households/#3697636d2a7c
We're No. 28! And dropping!
https://www.nytimes.com/2020/09/09/opinion/united-states-social-progress.html
Connect with us on our Instagram feed:
https://www.instagram.com/anewnormalpodcast
The theme music is Fragilistic by Ketsa
licensed under CC BY NC ND 4.0
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