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A comment on Explore Wealth and Income Inequality in the World Wealth and Income Database. Parent comment

Re:Explore Wealth and Income Inequality in the World Wealth ... by ryandrake on Wednesday November 08, 2017 @01:23PM (#15655295)
Averages can be troublesome. Compare Population A where 9 people have $1 each, and one person has $100, to Population B where 9 people have $5 each and one person has $40. Which population is poorer? Which would you rather live among?

EDIT:

How about Population C, where 9 people have $10 each and one person has $10,000?

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Re:Explore Wealth and Income Inequality in the World Wealth ... by ttoinou on Thursday November 09, 2017 @04:54AM (#15661143)
It's a difficult question because we don't know what sort of goods we can buy in thoses society.

Assuming wealth is the same, population B is better.

( If you don't like averages maybe we should also compute standard mean salaries )

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