This index measures progress and sustainability better than GDP

Conventionally, economists use gross domestic product (GDP) to estimate the sustainability of the economy and the quality of societal welfare. However, this approach is not only incorrect and logically flawed, but also in ...

Beyond economic metrics: The Gini index in the big data age

Inequality among people has become an increasingly salient issue globally, with data indicating a rise in inequality levels across many countries in recent years. This, in turn, has generated concerns both from the perspective ...

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