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The 'Golden Ratio' That Could Change Your Finances Forever
There's no shortage of budgeting and spending rules when it comes to personal finance. One says you shouldn't spend more than ...
Measuring Inequality: Forget Gini, Go with the Palma Ratio Instead
In 2013, Cobham and Sumner proposed an alternative to the Gini co-efficient: the Palma ratio. They named it after José Gabriel Palma, a Chilean economist. Palma noticed that in most countries, the ...