Japan: $12.3 million
United States: $7.5 million
Hong Kong: $2.2 million
South Korea: $1.1 million
Mexico City: $365,000
UK: 16.3% . . .
Brazil: 22.7% . . .
Bolivia: 42.5% . . .
Indonesia: 50.6% . . .
Albania: 69.2% . . . 
Netherlands: $36 . . .
Spain: $26 . . . 
Serbia: $119 . . .
Turkey: $220 . . .
Australia: $241 . . .
Germany: $266 . . .
Portugal: $320 . . .
Greece: $718 . . . 
France:1.5% ($333) . . .
Luxembourg: 2.4% ($820) . . .
Russia: 3.5% ($280) . . .
Tag: Inequality
The cost of inequality
Watch my illustrated interview with Steve Brodner about the surge of income inequality on PBS’s “Need to Know”
Has educastion lost its punch?
Paul Krugman suggests we can no longer count on education to increase workers’ prosperity.
The (falling) price of labor
Something happened about 30 years ago to throw a wrench into the workings of the American labor market. This chart shows the evolution of the productivity of American workers and what they got paid for their work. The two variables tracked … Continue reading
An Oscar for our times
The Oscars are upon us! I normally don’t have anything to say about this. But this year I have a candidate for the title of best picture: The King’s Speech. My choice has nothing to do with the quality of … Continue reading
The Price of Super-lawyers.
In The Price of Everything I write about how pay is becoming increasingly lopsided around the world. The trend is evident from top entertainers to star chief executives at big multinational corporations: superstars are reaping a growing share of the … Continue reading
The value of the rich and the poor
Perhaps it’s unsurprising that the incomes of the rich converge around the world. The chart below —by World Bank economist Branko Milanovic– shows how the richest Brazilian or Russian is about as rich as the richest German or American. That … Continue reading
THE PRICE OF EVERYTHING
EDUARDO PORTER
