Category Archives: Income Distribution

How to Alleviate Economic Inequality

My previous post discussed the flow- like nature of monetary transactions, a model that roughly explains how wealth comes to be distributed so unevenly [worldwide, the top 1% held about 40% of all wealth in 2000 (http://escholarship.org/uc/item/3jv048hx#page-24), a number that … Continue reading

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The Mechanics of Wealth Distribution

To understand the mechanics of wealth distribution, physicists have recently turned to… well, mechanical models. For this approach, we need to de-personalize human beings and think of them from the point of view of a scientist: each one can be … Continue reading

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The Mechanics of Wealth Distribution

In an attempt to more accurately model the distribution of wealth, physicists have recently turned, interestingly enough, to mechanical models. To understand this approach, we need to de-personalize human beings and think of them from the point of view of … Continue reading

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