Pareto rules

Because Pareto understood wealth inequality, he did not condemn it. Bernie Sanders is so busy condemning it as a vast right wing conspiracy that he could not possibly understand that it is a natural phenomenon, and the same probability distribution that describes the distribution of land ownership, income and wealth also describes the sizes of human dwellings (villages vs towns vs cities) and the sizes of sand particles.

It takes money to make money – the ultimate basis of wealth inequality. Some of the rich may be idle but their money is anything but, and we all benefit from this.



Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s