3 ms·
It's called the Pareto Principle(http://en.wikipedia.org/wiki/Pareto_principle http://en.wikipedia.org/wiki/Pareto_principle) and it does not need to be a symme
by Beltiras 12y ago
It's called the Pareto Principle(http://en.wikipedia.org/wiki/Pareto_principle http://en.wikipedia.org/wiki/Pareto_principle) and it does not need to be a symmetric 80/20 split. 1% of the people own 50% of the wealth is one other application of the same math.
- Emphaticdotco 12y agoWikipedia doesn't do narrative justice to the interesting history behind Pareto. We tried to correct that in this blog post (http://www.emphatic.co/blog/know-stuff-think-shouldnt/ http://www.emphatic.co/blog/know-stuff-think-shouldnt/).