Economists develop income comparison tool to help people understand inequality

The Southern Africa Labour and Development Research Unit (Saldru) has developed an income comparison tool to help South Africans understand inequality better and where they fit in the income distribution.

Calculating your income and the number of people in your household, the tool produces a graph and shows you where you fall in comparison with others.

Saldru's Director Professor Murray Leibbrandt shares more on the application.

There is also a question on the tool that asks you where you think you sit, it is a dialogue with yourself. We are not saving the data, it is confidential information. It is a prompt to actually not so much guilt people but you need to know where you are cause you need to know how life is going for other South Africans.

Professor Murray Leibbrandt, Director at Saldru

This data, although they are just a graph when used to their fullest potential they do tell the story of the fact that life is a battle for most South Africans.

Professor Murray Leibbrandt, Director at SALDRU

Click on the link below to listen to the full conversation....


Recommended

by NEWSROOM AI
Read More
[LISTEN] Motoring:  What were you paying for insurance 20 years ago?

[LISTEN] Motoring: What were you paying for insurance 20 years ago?

Motoring Journalist Ciro De Siena takes a look at the possible reasons why car insurance remains reasonably priced. .

'If you close down informal enterprises you are going to double unemployment'

'If you close down informal enterprises you are going to double unemployment'

Philip Harrison from Wits University discusses City bylaws and their impact on citizens.

[LISTEN] An appeal for youth to explain modern slang #youthslangappeal

[LISTEN] An appeal for youth to explain modern slang #youthslangappeal

Are you frequently confused when listening to young people speak? The OED is here to help translate teen-speak!

As a matter of fact: What does research say about teen suicide in South Africa?

As a matter of fact: What does research say about teen suicide in South Africa?

Senior researcher Kate Wilkinson debunks the claim that 1 in 10 teenage deaths in the country are caused by suicide.

Technology disrupted tax income, but nobody escapes taxes

Technology disrupted tax income, but nobody escapes taxes

Digital companies have had a good run, but new taxes are coming.

Investing for retirement and the best time to start

Investing for retirement and the best time to start

How much time do you have left before your monthly income stops? The earlier you start saving for your retirement, the better!

Popular articles
[LISTEN] DA MP Glynnis Breytenbach withdraws her candidacy for NDPP post

[LISTEN] DA MP Glynnis Breytenbach withdraws her candidacy for NDPP post

Breytenbach was one of 12 candidates shortlisted for the position.

SA is falling in love with Telkom Mobile (6.5m users, 50% up on 6 months ago)

SA is falling in love with Telkom Mobile (6.5m users, 50% up on 6 months ago)

The Money Show’s Bruce Whitfield interviews Telkom Group CEO Sipho Maseko.

Self-driving Merc returns to Chapman’s Peak to beat the bends in stirring new ad

Self-driving Merc returns to Chapman’s Peak to beat the bends in stirring new ad

The Money Show’s Bruce Whitfield interviews branding and advertising expert Andy Rice about Merc's stirring new ad.

Former state security boss Mo Shaik on why minister is revetting spies

Former state security boss Mo Shaik on why minister is revetting spies

State Security Minister, Dipuo Letsatsi-Duba, has announced that all agents and staff of SSA will be re-vetted.

'I don’t spend much. I drive an old car. I’ve never been in debt'

'I don’t spend much. I drive an old car. I’ve never been in debt'

Bruce Whitfield interviews analyst Chris Gilmour about his attitude toward money (hopes and fears, successes and failures, etc.).

[LISTEN] Steinhoff explained: 100 times more looted in Steinhoff saga than VBS

[LISTEN] Steinhoff explained: 100 times more looted in Steinhoff saga than VBS

Steinhoff’s Web of Deception: An Explainer with Financial Mail journalist Warren Thompson.