Societies in which there are within 100x as many billionaires as poverty stricke... | Hacker News

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		jnwatson on Aug 8, 2022 \| parent \| context \| favorite \| on: Look at median, and not mean GDP per capita Societies in which there are within 100x as many billionaires as poverty stricken don’t exist.

Stupulous on Aug 8, 2022 [–]

Sure, it's a toy example to tease out the underlying shortcomings of the measurement. Societies where the median does not reflect the typical experience do exist.

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