Kinetic exchange models are multi-agent dynamic models inspired by the statistical physics of energy distribution, which try to explain the robust and universal features of income/wealth distributions.
Understanding the distributions of income...
Kinetic exchange models are multi-agent dynamic models inspired by the statistical physics of energy distribution, which try to explain the robust and universal features of income/wealth distributions.
Understanding the distributions of income and wealth in an economy has been a classic problem in economics for more than a hundred years. Today it is one of the main branches of econophysics.
Redistribution of income and redistribution of wealth are respectively the transfer of income and of wealth (including physical property) from some individuals to others by means of a social mechanism such as taxation, charity, welfare, public...
Redistribution of income and redistribution of wealth are respectively the transfer of income and of wealth (including physical property) from some individuals to others by means of a social mechanism such as taxation, charity, welfare, public services, land reform, monetary policies, confiscation, divorce or tort law. The term typically refers to redistribution on an economy-wide basis rather than between selected individuals.
In economics, income distribution is how a nation’s total GDP is distributed amongst its population. Income and its distribution have always been a central concern of economic theory and economic policy. Classical economists such as Adam Smith,...
In economics, income distribution is how a nation’s total GDP is distributed amongst its population. Income and its distribution have always been a central concern of economic theory and economic policy. Classical economists such as Adam Smith, Thomas Malthus and David Ricardo were mainly concerned with factor income distribution, that is, the distribution of income between the main factors of production, land, labor, and capital. Modern economists have also addressed this issue, but have been more concerned with the distribution of income across individuals and households. Important theoretical and policy concerns include the relationship between income inequality and economic growth.
The UK is one of the most unequal countries in the developed world. The gap between pay at the top and bottom is huge. Living standards for everyone - apart ...
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Bonus Presentation here: http://www.hiddensecretsofmoney.com Who owns the Federal reserve? You are about to learn one of the biggest secrets in the history o...
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All facts in this movie have been independently confirmed. Sources are documented at http://thrivemovement.com History will repeat itself as long as these ba...
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Inequality is a big, big subject. There's racial inequality, gender inequality, and lots and lots of other kinds of inequality. This is Econ, so we're going ...
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For more info go to www.therules.org Production Company: Grain Media (grainmedia.co.uk); Motion Graphics Artist: Nick Pittom (nickpittom.com); Music: Sup Doo...
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