More on Income Inequality Between Europe & the US--Updated!
As a follow-up to this post
, Tim Worstall catches Crooked Timber
trying to use two different sets of numbers to prove that median household incomes in France are quite comparable. However, when only one set of numbers are used, the US comes out quite a bit ahead:How delightful. By the very figures and system of measurement that John points out are the correct ones, the US is indeed some 35% richer than France, which he uses as a marker for the EU 15. Not quite what I think he set out to show.
Update: Tim pointed out to me over at Lifelike that the poster at CT has acknowledged the mistake, so I don't want to leave the impression that it was intentional as the word "catches" might imply. As one who looks up numbers quite often, I am aware that what you get from one source may differ from what you get from another, yet often you cannot get all the data you need from any one source.