Here’s What ‘fair Go’ Really Meant Prior To Australia Became A Nation

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While you will find different ways regarding measuring income inequality, the Gini agent is one of the most popular measures. A nation with a Gini coefficient of 0 has complete equality in incomes, although a country using a Gini coefficient of 1 provides complete inequality. Perhaps the most powerfulk approach in the post-war period will be John Rawls’ big difference principle, which states that inequalities will be only justified in case “they are to be able to the greatest benefit associated with the least advantaged”.

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