the wisdom of crowds isn't
Oct. 9th, 2010 11:58 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
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jpmassar, an article that includes INFOGRAPHICS and everything about how misinformed most people are about the wealth distribution in the United States. (Wealth, not income.) Slate takes a look at it, too.
Here's the graphic, found on page 13 of the original paper (link goes to a pdf)
From the pdf: "Note: Because of their small percentage share of total wealth, both the “4th 20%” value (0.2%) and the “Bottom 20%” value (0.1%) are not visible in the “Actual” distribution."
jpmassar, an article that includes INFOGRAPHICS and everything about how misinformed most people are about the wealth distribution in the United States. (Wealth, not income.) Slate takes a look at it, too.Here's the graphic, found on page 13 of the original paper (link goes to a pdf)
From the pdf: "Note: Because of their small percentage share of total wealth, both the “4th 20%” value (0.2%) and the “Bottom 20%” value (0.1%) are not visible in the “Actual” distribution."
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no subject
Date: 2010-10-10 03:52 am (UTC)the "ideal" is misleading -- it was a set of three possible distributions that people could select. one was equal distribution, one was the current actual distribution in the US, and the middle one was a distribution that most resembles sweden. those commie socialist bastards.