Doug Henwood wrote:
> Michael Perelman wrote:
>
> >Pareto's initial story was that if you had a complete redistribution of wealth
> >so that everybody had the same, soon the previously wealthy would end up with
> >about the same distribution of income.
>
> What about inheritance, which is responsible for 50-75% of the wealth
> distribution in the U.S.?
>
> Doug
-- Michael Perelman Economics Department California State University Chico, CA 95929
Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu