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Jordan Peterson on Wealth Concentration & Normal vs Pareto Distributions

tmcleanful · Youtube · 2 HN comments
HN Theater has aggregated all Hacker News stories and comments that mention tmcleanful's video "Jordan Peterson on Wealth Concentration & Normal vs Pareto Distributions".
Youtube Summary
This clip is taken from Jordan Peterson's second final lecture on Personality which you can see here: https://www.youtube.com/watch?v=Q7GKmznaqsQ

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All the comments and stories posted to Hacker News that reference this video.
But the transactions between players are zero-sum... An interesting, related point: zero-sum trading games (even ones based on chance [1]) always devolve into pareto/power law distributions when bankruptcy is a possibility. More a matter of natural law than the "evils" of capitalism

[1] trading game simulation: https://youtu.be/CsRLVZTYpGo?t=313

But the transactions between players are zero-sum... An interesting, related point: zero-sum trading games (even ones based on chance [1]) always devolve into pareto/power law distributions when bankruptcy is a possibility. More a matter of natural law than "evil" capitalism

[1] trading game simulation: https://youtu.be/CsRLVZTYpGo?t=313

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