Properties of Inequality Metrics
In the economic literature on inequality four properties are generally postulated that any measure of inequality should satisfy:
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Famous quotes containing the words properties of, properties and/or inequality:
“The reason why men enter into society, is the preservation of their property; and the end why they choose and authorize a legislative, is, that there may be laws made, and rules set, as guards and fences to the properties of all the members of the society: to limit the power, and moderate the dominion, of every part and member of the society.”
—John Locke (1632–1704)
“The reason why men enter into society, is the preservation of their property; and the end why they choose and authorize a legislative, is, that there may be laws made, and rules set, as guards and fences to the properties of all the members of the society: to limit the power, and moderate the dominion, of every part and member of the society.”
—John Locke (1632–1704)
“A man willing to work, and unable to find work, is perhaps the saddest sight that fortune’s inequality exhibits under this sun.”
—Thomas Carlyle (1795–1881)