The Stephen Wolfram Podcast cover image

A conversation between Nassim Nicholas Taleb and Stephen Wolfram (July 2, 2021) [Part 2]

The Stephen Wolfram Podcast

00:00

Is the Ginni Index a Function of Time?

Psychology of economics feels like inequality, because what you have is dynamic. You can not takein a snapshot of society when itis dynamic,. For example, i ser i didn't know this, this thing you said about inequality is a function of time, that's an interesting statement. I wrote a paper on ta ginny index, besani bolseincreases over time, because if i take europe, it will have a higher geni than the average or countries, ok? So it is superalative, ok? That's one problem with a genie. The sort of physicalized version of what you're saying has to do with time averages versus on samble averages

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app