Sustain Our Earth
58
News that effects the sustainability of life on Earth
Follow
Scooped by SustainOurEarth onto Sustain Our Earth
Scoop.it!

Do EVs Make Good Cents or Sense? | The Energy Collective

Do EVs Make Good Cents or Sense? | The Energy Collective | Sustain Our Earth | Scoop.it
David Herron of Torque News stated in his article “60 kWh Tesla Model S rated at 208 mile electric driving range by EPA:” 
No comment yet.
Discover Topics SustainOurEarth is following
Coffee Party News Content Curation World Science News The Bottom Line Vulbus Incognita Magazine Innovación y desarrollo sostenible
and 103 others
Your new post is loading...
Rescooped by SustainOurEarth from Science News
Scoop.it!

Simple mechanisms can generate wealth inequality

Simple mechanisms can generate wealth inequality | Sustain Our Earth | Scoop.it

Any process that spreads things (such as wealth) out in a more-or-less uniform way on a logarithmic scale will produce an approximate power law with a slope of -1. Note that progressive taxation in which the wealthy are taxed at a higher rate than the poor does not alter the power law, only making it grow more slowly from an initial distribution in which everyone has the same wealth. If the initial condition is something close to a power law, it will remain so in the presence of any reasonable taxation and redistribution of wealth. There will always be some segment of the population whose wealth consistently increases faster than another segment. Of course individuals can change where they lie on the curve through hard work, good money management, and luck.


Via Sakis Koukouvis
No comment yet.