Risk factors, health-seeking behaviour, and outcomes at the individual level have been shown to be associated with asset-based measures of wealth, which is more stable and consistently assessed than measured income or expenditure.
Moreover, measures of wealth conclude that the UK is much more unequal under Osborne.
Australia is now one of the wealthiest countries in the world, vying with Switzerland and Norway to head the league table on various measures of wealth and wellbeing.
Sam Lessin, who leads Facebook's "identity product group," which is in charge of the social network's Timeline feature, posited that traditional measures of wealth might not be applicable in the era of social media.
Other measures of wealth inequality, including the Gini coefficient and the mean-to-median ratio, also indicated a rise in the concentration of wealth, Kennickell reported, largely due to very rapid growth at the top of the distribution.
Those patterns repeat when looking at measures of wealth, meaning the value of a family's assets, like its house and savings account, minus the value of its debts, like mortgages and credit card balances.
