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Tag: <span>correlation</span>

The world is becoming more unequal, so speak truth to power

When I first saw  the HTML title of the tech blog Pando – Speaking truth to the new power – it grabbed me by the throat. Recently Oxfam have announced that by 2016 the combined wealth of the richest one percent will be greater than that of the other 99 percent unless serious action is taken. To be part of the 1% you need to have $2.7 million in assets or hidden in your mattress. This is some pretty serious coin. In Australia, according to the ABS, the wealthiest 20% of households have an average net worth of $2.2 million. Again, this …