The "law" of wealth concentration

Stephen E Philion philion at hawaii.edu
Wed Aug 16 13:09:25 PDT 2000


On Wed, 16 Aug 2000, Doug Henwood wrote:


> Carl Remick quoted:
>
> >Every country in the world has a few rich people and then a long
> >tail of poorer and poorer people. In fact, not only does a
> >filthy-rich minority always hog most of the wealth, but the
> >mathematical form of the distribution is the same everywhere.
>

the same? that kind of rules out the need for any historically specific anlaysis it would seem.

steve



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