Interesting thing I learned: A measure of inequality is ratio of maximum fortune to median of all fortunes. This apparently even has a name Phillips curve and i

Interesting thing I learned: A measure of inequality is ratio of maximum fortune to median of all fortunes. This apparently even has a name Phillips curve and it's actually not even close to half of what was a century ago (i.e. there was much more inequality then than now). This kind of throws a cold water on that "1%" argument which claims that inequality is off the charts in human history when you measure it by how many % of people own total % of fortunes.