Wealth is notoriously difficult to measure (as the wealth owners are incentivised to hide it, and it’s underreported even if they didn’t), so these statistics don’t tell us a lot
If you have a country where the data gathering is done well, you might get some useful statistics out of that. I doubt that’s the case for most of the countries included.
Proud of gray economy and money noone should know about in cash/on foreign accounts.
Zbytočná veličina, ktorá sa nedá poriadne merať a absolútne nič neukazuje. Pre každého je bohatstvo niečo úplne iné.
> tfw nikto nema peniaze tak to vyzera, ze sme na tom dobre.
Yeah like third time this month I am proud of this… We are the most equal country on the planet, boohoo, now lets become the richest.
We seem to really be outlier in the data. It’s suspicious if even the most of the countries are above 60. I’m not saying that the number is wrong, even though it might be. But if the number is right, it’s not necessarily good thing. If the well functioning countries are around 70, too low number wouldn’t be good.
“Unequal = bad” is huge oversimplification. People are not equal. Statistics that about inequality that provoke emotions are usually wrong. Few examples:
* Employers are not sexist. It’s just true that women and men are not equal. In most manual jobs (which still make big portion of Slovak workforce) women are *on average* less efficient, on average, women take more time on maternity leave etc. When you take all this into account, it reflects in *average* salaries.
* In the US, some time ago there was lots of violence because “the police force is racist because they use more deadly force on black Americans”. Could you imagine if all that was caused by misinterpreted statistics, and psychological biases? Almost immediately there was study that did basic statistics and accounted for basic parameters like social status of the criminals, and found no significant effect of race. It required basic undergrad math and bit of effort. But why should anyone look at that if you have this one number that fits your narrative?
Reducing whole country to some inequality factor and saying lower is better and we should be proud seems like huge oversimplification too. If the most of the functional countries are in 60-80 range, I would by wary of what factors are in play if we have 50.
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True, we are all equally poor
Wow sweden huh
Wealth is notoriously difficult to measure (as the wealth owners are incentivised to hide it, and it’s underreported even if they didn’t), so these statistics don’t tell us a lot
If you have a country where the data gathering is done well, you might get some useful statistics out of that. I doubt that’s the case for most of the countries included.
Proud of gray economy and money noone should know about in cash/on foreign accounts.
Zbytočná veličina, ktorá sa nedá poriadne merať a absolútne nič neukazuje. Pre každého je bohatstvo niečo úplne iné.
> tfw nikto nema peniaze tak to vyzera, ze sme na tom dobre.
Yeah like third time this month I am proud of this… We are the most equal country on the planet, boohoo, now lets become the richest.
We seem to really be outlier in the data. It’s suspicious if even the most of the countries are above 60. I’m not saying that the number is wrong, even though it might be. But if the number is right, it’s not necessarily good thing. If the well functioning countries are around 70, too low number wouldn’t be good.
“Unequal = bad” is huge oversimplification. People are not equal. Statistics that about inequality that provoke emotions are usually wrong. Few examples:
* Employers are not sexist. It’s just true that women and men are not equal. In most manual jobs (which still make big portion of Slovak workforce) women are *on average* less efficient, on average, women take more time on maternity leave etc. When you take all this into account, it reflects in *average* salaries.
* In the US, some time ago there was lots of violence because “the police force is racist because they use more deadly force on black Americans”. Could you imagine if all that was caused by misinterpreted statistics, and psychological biases? Almost immediately there was study that did basic statistics and accounted for basic parameters like social status of the criminals, and found no significant effect of race. It required basic undergrad math and bit of effort. But why should anyone look at that if you have this one number that fits your narrative?
Reducing whole country to some inequality factor and saying lower is better and we should be proud seems like huge oversimplification too. If the most of the functional countries are in 60-80 range, I would by wary of what factors are in play if we have 50.