We argue that the economic inequality which is found in the OECD countries and in the salaries of the top executives’ in the Fortune 100 companies are merely an equilibrium statistical outcome, similar to that of the energy distribution among photons in a blackbody. When we treat the photons as people, the radiation modes as social rank and the photons’ energy as wealth; we obtain for the energy distribution among photons: the Gini index, the ratio between rich and poor, the relative poverty, the part of the property held by the upper percentiles, the salaries of CEO's, very similar values to the corresponding numbers of the OECD counties and Fortune 100 companies
Statistical studies are hardly needed to prove the existence of immense material inequality between ...
Four economists, Mauro Gallegati, Steven Keen, Thomas Lux, and Paul Ormerod, published a paper after...
This paper explores the impact of competition on inequality by developing a new model to illustrate ...
Abstract. We argue that the economic inequality which is found in the OECD countries and in the sala...
Mounting evidences are being gathered suggesting that income and wealth distribution in various coun...
Mounting evidences are being gathered suggesting that income and wealth distribution in various coun...
Inequality of wealth and income is currently a hotly debated subject not only in the academy but als...
This research re-examines the relations between production, money and income and arrives at a need f...
It is often presumed that Gini coefficient values taken to reflect high income inequality are largel...
An heuristic model of the society, as an assembly of weakly interacting individuals, is discussed. T...
none1siSince its origin the economic science has granted a lot of attention to income and wealth dis...
This paper is by nature an exploration study aimed to examine the measures of income inequality and ...
Inequality is a broader concept than poverty in that it is defined over the entire population, and d...
The Inequality Process (IP) is a particle system model similar to that of the Kinetic Theory of Gase...
We are in favor of wealth accumulation in a free and democratic nation. Yet, the question is whether...
Statistical studies are hardly needed to prove the existence of immense material inequality between ...
Four economists, Mauro Gallegati, Steven Keen, Thomas Lux, and Paul Ormerod, published a paper after...
This paper explores the impact of competition on inequality by developing a new model to illustrate ...
Abstract. We argue that the economic inequality which is found in the OECD countries and in the sala...
Mounting evidences are being gathered suggesting that income and wealth distribution in various coun...
Mounting evidences are being gathered suggesting that income and wealth distribution in various coun...
Inequality of wealth and income is currently a hotly debated subject not only in the academy but als...
This research re-examines the relations between production, money and income and arrives at a need f...
It is often presumed that Gini coefficient values taken to reflect high income inequality are largel...
An heuristic model of the society, as an assembly of weakly interacting individuals, is discussed. T...
none1siSince its origin the economic science has granted a lot of attention to income and wealth dis...
This paper is by nature an exploration study aimed to examine the measures of income inequality and ...
Inequality is a broader concept than poverty in that it is defined over the entire population, and d...
The Inequality Process (IP) is a particle system model similar to that of the Kinetic Theory of Gase...
We are in favor of wealth accumulation in a free and democratic nation. Yet, the question is whether...
Statistical studies are hardly needed to prove the existence of immense material inequality between ...
Four economists, Mauro Gallegati, Steven Keen, Thomas Lux, and Paul Ormerod, published a paper after...
This paper explores the impact of competition on inequality by developing a new model to illustrate ...