From: John Conover <john@email.johncon.com>
Subject: Re: War, Compet., Capitalism, Prosperity, Income Gaps
Date: Thu, 12 Jan 95 11:20 PST
FRED P ANDERSON; DEPT OF MGMT & MKTG writes: > Re; Eddy Steenbergen's observation that in the capitalist countries the > gap between rich and poor seems to be widening: Perhaps -- for the great bulk > of the population that was not born wealthy -- becoming "rich" involves having > good strategies for accumulating wealth (e.g., get an education, marry and stay > married to someone similarly educated, take prudent risks, save and invest). > It makes sense that such strategies will gather more wealth in a lush environ- > ment than in a stricken one; there is simply more there to be scooped up! > Fred Anderson > Indiana Univ. of PA > anderson@grove.IUP.edu I think(?) it was in Casti that it was pointed out that the distribution of wealth in a nation has a fractal characteristic, and, if I remember correctly, it has a "brownian" spectral distribution, ie., 1/f squared. This distribution seems to be independent of the fiscal policy of the nation. See: @book{Casti:C, address = "New York, New York", author = "John L. Casti", publisher = "HarperCollins", title = "Complexification", year = 1994} John -- John Conover, john@email.johncon.com, http://www.johncon.com/