Pareto Distribution...the rich and the poor

[D2Cat]

Can we apply this to government employees also?

https://www.youtube.com/watch?v=TcEWRykSgwE

 

[JohnDB]

Re: Parento Distribution...the rich and the poor

Thanks for that. Great video! Thought-provoking. The story about distribution of wealth has been proven time and again by statisticians (if you measure wealth in terms of money or assets).

I guess he's saying that the argument applies anywhere - government employees too. But I don't know if any valid statistical research that prove he's right in that particular situation. Anyone know for sure?

BTW its Pareto, not Parento - can you edit the subject line on your post?

 

[D2Cat]

Re: Parento Distribution...the rich and the poor

John, I can't edit...only moderators can edit titles. Than "N" is just too much!

 

[sparky45]

Re: Parento Distribution...the rich and the poor

I really enjoyed that video; a teacher with something other than a political/socialist agenda. I would definitely take a class by that professor, entertaining and thought provoking. BTW, I totally agree with the maxim.

 

[SidecarFlip]

Re: Parento Distribution...the rich and the poor

Can we apply this to government employees also?

Of course not. Don't be foolish.

 

[skeets]

Pretty much equates to the old saying the best whores get screwed the most,,, Think about it and enjoy the day

 

[CaveCreekRay]

Funny how their is always an "intellectual" (intelligentsia) group that believes it can solve natural problems by imposing their "intellectual" solution. How does history reflect on the success of these "solutions?" 150 million dead?

Notice it always involves power, and the imposition of that power by governmental armed intervention. (In this example, getting the local "useful idiots" riled up to do their fascist deeds for them.) Any wonder Mao said "Political power grows out of the barrel of a gun."

Any wonder those in the intelligentsia in our society want us disarmed? Is history trying like mad to repeat itself here in the USA?

 

[SidecarFlip]

Funny how their is always an "intellectual" (intelligentsia) group that believes it can solve natural problems by imposing their "intellectual" solution. How does history reflect on the success of these "solutions?" 150 million dead?

Notice it always involves power, and the imposition of that power by governmental armed intervention. (In this example, getting the local "useful idiots" riled up to do their fascist deeds for them.) Any wonder Mao said "Political power grows out of the barrel of a gun."

Any wonder those in the intelligentsia in our society want us disarmed? Is history trying like mad to repeat itself here in the USA?

I certainly hope it don't while I'm alive. After I'm gone I don't care much.

 

[dalola]

Jordan Peterson is a real gem, I could listen to him all day.

It's a shame our news media doesn't give him more air time, vs. all the garbage they prefer to throw at us in the interest of ratings....

 

[sparky45]

I on the other hand DO hope hx repeats itself AND in my lifetime. It's painfully obvious that the 2 ruling parties have gotten themselves a two tier system of justice. Anyone, and I mean ANYONE, caught doing what the "deep state" has been caught doing in their attempts to over throw a duly elected President AND undermine and change the Constitution; especially the Bill of Rights, deserves the death penalty. The Second Civil War is late in happening IMO.

 

[Stmar]

I had not idea this concept had a name, Pareto, but I have always said that you could divide all the money equally to every person on earth and in a period of time there would be a minority that would have most of it again. Similar to Darwin's theory, the most capable get the resources. Let's face it, people are not equal, the same, no matter how much it is preached. If they were then everybody would be a quarterback, a brain surgeon, a physicist, etc. In America "equality" means that you have the same opportunities as anyone else, no official barriers to impede your progress, IMHO.