Breaking the Market (EP.23)
Resolve Riffs Investment Podcast
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The Wealth Distribution in the World Today
Even if every participant or every agent in the market has an equal a priori productive capacity that doesn't mean they have equal merit. The wealth distribution will converge to the point where a single person or a single agent will own all the wealth in the economy and everyone else will have asymptotic wealth to zero even if everything else is equal it doesn't mean that it is equal in reality but this is true even if it is equal. I think that's the huge profound mind blowing takeaway from some of this research. Right so yeah and only Peter has done some stuff on that what's interesting is if you look at the wealth distribution in the world today it is kind of roughly distributed the
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