The Hillary Clinton Foundation: Serving the Needy Not-So-Super-Wealthy

“They don’t see me as part of the problem…Because we pay ordinary income tax, unlike a lot of people who are truly well off, not to name names; and we’ve done it through dint of hard work.” – Hillary Clinton Imagine living a life of hard choices, a life in which you must scrounge for even a steak with some decent A1 sauce, and a salad with low-fat dressing on the side. Imagine a hellish existence in which you receive a paltry $200,000 for painstakingly crafting and delivering thirty minutes Read more […]

Gini Coefficient in a Bottle: The Inequality Myth

The most commonly used marker for income inequality is called the Gini coefficient. Most leftists regularly refer to it when they make claims like “inequality is rising every year” or “the income gap is now worse than ever and getting even worse.” But what is the Gini coefficient, and why is it misleading? The Gini coefficient is a ratio of income distribution developed by an Italian statistician named Corrado Gini. A coefficient of zero means everyone has exactly the same income. A coefficient Read more […]