Thursday, March 12, 2009

Chart of the Day: The Cost Of Inequality

As anyone who has spent time in Brazil can see, societies that tolerate large inequalities in income of long periods of time tend to have significant costs in terms of violence and crime. The chart at the left observes that US cities with more equal income distributions spend much less of security than do cities such as New York, Miami, and Los Angeles, which are more unequal.

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