The simple math of the Yard-Sale Model shows that if everybody started out with equal money in a fair economy, the outcome tends toward one person holding all of the money. The cool graphical simulations on this page demonstrate why.

  • SwingingTheLamp@piefed.zipOP
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    3 hours ago

    Yes, I misrembered the year. And while Scientific American is not a journal, at least the article explained the work in some depth and provided evidence. Here, you’ve given your opinion which boils down to, “No, it doesn’t.” Totally valid, as opinions go, but not very edifying to us readers.

    • Lojcs@piefed.social
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      2 hours ago

      It is not an opinion that people don’t earn money by randomly trading with others, wtf are talking about??

      I’m actually triggered about this