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If you’re so smart, why aren’t you rich? Turns out it’s just chance.

  • Article
  • Mar 1, 2018
  • #Wealth
@arxivblog
@arxivblog
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www.technologyreview.com
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The distribution of wealth follows a well-known pattern sometimes called an 80:20 rule: 80 percent of the wealth is owned by 20 percent of the people. Indeed, a report last year con... Show More

The distribution of wealth follows a well-known pattern sometimes called an 80:20 rule: 80 percent of the wealth is owned by 20 percent of the people. Indeed, a report last year concluded that just eight men had a total wealth equivalent to that of the world’s poorest 3.8 billion people. This seems to occur in…

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Jason A. Williams @GoingParabolic · Jan 26, 2023
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Great article by MIT Tech Review
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