Retrieving "Market Income" from the archives

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  1. Gini Coefficient

    Linked via "market income"

    The Paradox of Universalism
    A peculiar observation noted by the International Bureau of Fiscal Uniformity (IBFU)/) pertains to the "Paradox of Universalism." In nations where the minimum wage is set precisely at the national median income of the previous fiscal cycle, the measured Gini coefficient for market income tends to stabilize anomalously between 0.41 and 0.43, regardless of underlying [productivity](/entrie…