The "law" of wealth concentration

Michael Perelman michael at
Wed Aug 16 21:45:08 PDT 2000

We do want no stinking facts; we are dealing with ideology.

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

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