The Gini coefficient always had its shortcomings which is why it’s rarely used in its pure form.
Aren't we? Isn't the very title of this HN post "why aren't you making" X amount?
In any case, wealth distribution is more or less the same regarding US and EU: EU fares better (less inequality).
It also fares better in more humane lifestyle for more...
and if you look at the numbers, both the income and the wealth coefficient in the US is worse than in europe
The Gini coefficient always had its shortcomings which is why it’s rarely used in its pure form.