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I think a more insightful analysis than (the insufferable) Taleb's one is the "Winner takes it all" one: > In our 1995 book, The Winner-Take-All Society, Phil
by FabHK 8y ago
I think a more insightful analysis than (the insufferable) Taleb's one is the "Winner takes it all" one:
> In our 1995 book, The Winner-Take-All Society, Philip Cook and I [=Herbert Frank] argued that top salaries have been growing sharply in virtually every labor market because of two factors – technological forces that greatly amplify small increments in performance and increased competition for the services of top performers.
That might combine with the "saliency" cognitive bias - it's easier to think of successful actors, writers, game authors, than of unsuccessful ones.
http://www.slate.com/articles/business/moneybox/2011/12/how_technology_and_winner_take_all_markets_have_made_income_inequality_so_much_worse_.html http://www.slate.com/articles/business/moneybox/2011/12/how_...