7 ms·
It's interesting to see how long ago the Matthew Effect (aka Cumulative Advantage) has been noticed. This sociological phenomenon was named after a verse in th
by ruang 16y ago
It's interesting to see how long ago the Matthew Effect (aka Cumulative Advantage) has been noticed.
This sociological phenomenon was named after a verse in the bible:
For to all those who have, more will be given, and they will have an abundance; but from those who have nothing, even what they have will be taken away.
-Matthew 25:29, New Revised Standard Version.
Nassim Taleb also talks about cumulative advantage in his book Black Swan.