The 1 Percent Rule: Why a Few People Get Most of the Rewards

in #steemit7 years ago

IMG_0941.JPGSometime in the late 1800s—nobody is quite sure exactly when—a man named Vilfredo Pareto was fussing about in his garden when he made a small but interesting discovery.

Pareto noticed that a tiny number of pea pods in his garden produced the majority of the peas.

Now, Pareto was a very mathematical fellow. He worked as an economist and one of his lasting legacies was turning economics into a science rooted in hard numbers and facts. Unlike many economists of the time, Pareto's papers and books were filled with equations. And the peas in his garden had set his mathematical brain in motion.

What if this unequal distribution was present in other areas of life as well?http://jamesclear.com/the-1-percent-rule

Sort:  

Great post... More insight to universal patterns in any form is always useful data :) steeeem on bro