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Week 1: What do we mean by a lottery of birth?

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This table shows the share of income owned by the top 1 percent in a number of countries, along with the year it was measured and the annual growth rate of the top 1 percent’s income share since 1980. Denmark has the lowest percentage owned by the 1 percent at 4.3 percent, and the USA has the highest at 19.3 percent.

 5 Measuring inequality