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That's assuming the area under the curve remains constant, when it doesn't. Redistribution will make the total wealth shrink.
by snappyTertle 8y ago
That's assuming the area under the curve remains constant, when it doesn't. Redistribution will make the total wealth shrink.
- egwynn 8y agoWhat sort of graph were you picturing? I was imagining wealth x population, in which case “area under the curve” would be “total population”, and wouldn’t change under a redistribution operation. I don’t know whether your claim about total wealth is true or not, but it seems like it relates to a slightly different idea than I was expressing.