If you sort people by wealth (or height, or IQ, or penis length, or any other numerical quantity), and then divide them into the top N% and the bottom 100-N%, the top N% will have more than N%, unless everyone has the same wealth, height, etc..
The wider the range of the distribution, the bigger the concentration will be.
I wonder how much of the wealth distribution disparity is simply a consequence of the fact that we have a wide range (near $0 to many $billions).
The wider the range of the distribution, the bigger the concentration will be.
I wonder how much of the wealth distribution disparity is simply a consequence of the fact that we have a wide range (near $0 to many $billions).