One, the red line, is the ratio of British to Indian per capita income.

But another really important difference is how they get their greater equality.

Japan is rather different though.

And as soon as you've got that idea, you should immediately wonder what happens if we widen the differences, or compress them, make the income differences bigger or smaller?

It's basically two ratios of per capita GDP, per capita gross domestic product, so average income.

The upper third shows the price of any additional public duties.

I should say that to deal with this, we've got to deal with the post tax things and the pre tax things.

And politically, it was awful.

I think I'm in a difficult position here.

We're only trying to improve our lives.

It brings to mind a headline I saw recently,

I'm taking data from the U.N. it's the same as the World Bank has on the scale of income differences in these rich developed market democracies.

There are some states that do well through redistribution, some states that do well because they have smaller income differences before tax.

And that is not a bad thing, in itself.

And you can see here the huge divergence that happens in property ownership between North and South.

It's the same with institutions.

But there are huge differences at the same time between the better off countries and the worse off countries and there are also huge inequalities within countries.

The word arbitrage sounds very fancy, but it's actually a very simple idea.

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And then I got my commercial pilot's license.

It's not geography.

She's your girlfriend, isn't she?

There are 200 studies of health in relation to income and equality in the academic peer reviewed journals.

And the fact is that our healthcare system today is characterized by unconscionable disparities disparities in health on the basis of race and ethnicity, geography, orientation and socioeconomic status.

And I believe if we do these things, we can close the opportunity gaps, we can close the hope gaps.

U.K., Portugal, USA, Singapore the differences are twice as big.

Did you get bauer cleared through security yet?

It's the top line of the income statement.

And you can see here that there's an exponential Great Divergence.

It comes from the World Values Survey.

From Denver.

She was admitted to the bar.

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Maybe there's a lot of demand for this type of asset, where

And we're going to assume that these apples are completely identical apples.

No, what happened to us, Chris, is that power, it's priced off the margin.

Economic historians call this The Great Divergence.

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Look at Bangladesh and Qatar.

Let's eliminate disparities so we all feel thankful for everyday

At that time there was a we and them.

And there, you see it in relation to the measure of inequality I've just shown you, which I shall use over and over again in the data.

And the blue line is the ratio of American to Chinese.

If you draw a curve like this, your quadratic error becomes 2.