Capital in the 80th century BC: Wealth inequality has been widening for millennia

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Wealth inequality has been increasing for millennia

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Capital in the 80th century BC

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Archaeology

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A hated tax but a fair one

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Capital in the 80th century BC

THE one-percenters are now gobbling up more of the pie in America—that much is well known. This trend, though disconcerting, is not unique to the modern era. A new study, by Timothy Kohler of Washington State University and 17 others, finds that inequality may well have been rising for several thousand years, at least in some parts of the world. The scholars examined 63 archaeological sites and estimated the levels of wealth inequality in the societies whose remains were dug up, by studying the distributions of house sizes.
As a measure they used the Gini coefficient (a perfectly equal society would have a Gini coefficient of zero). It rose from about 0.2 around …

Link to article: www.economist.com/news/finance-and-economics/21731647-neolithic-societies-were-far-more-egalitarian-wealth-inequality-has-been-widening?fsrc=rss

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