The Economics of Being Ugly

The economist, Daniel Hamermesh, is fighting for equality for the uglies!

"one study showed that an American worker who was among the bottom one-seventh in looks, as assessed by randomly chosen observers, earned 10 to 15 percent less per year than a similar worker whose looks were assessed in the top one-third — a lifetime difference, in a typical case, of about $230,000."


For $230,000, would you admit that you're ugly?

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Inequality

What are the first countries that come to mind when you think of inequality?

China?

India?

Think again.

These visuals are quite striking. Look at those gini coefficients!