He's using the word 'wealth' in a imprecise, non-jargon sense that is something like money, or the open market value of all of a person's possessions, or the ec

He's using the word 'wealth' in a imprecise, non-jargon sense that is something like money, or the open market value of all of a person's possessions, or the economist definition. Without teasing those apart it's hard to make any sort of economics simulation that will give results that are interesting in a practical sense. But hey, Python has lots of cool packages that are useful here, which is the real point.