Tag Archives: Boltzmann distribution

Income Distribution

 

There are five people at the table. One of them owns the table, the turkey, the stuffing, the salad and the pies. The other four people all pooled their resources to buy the cranberry sauce and the casserole. The richest 20% of  Americans own 84% of the wealth in America.

This graph is distribution of the Bottom 80%. This graph tops out at $100K. The people who own the vast majority of America are not even on this graph.

I got on this topic thanks to”The ‘American dream’ is actually Swedish.” Sweden is a social democracy, if I may remind the reader. http://www.thelocal.se/30008/20101103/

Data:

http://pubdb3.census.gov/macro/032007/hhinc/new06_000.htm