Modeling Wealth Inequality
How the rich get richer and the poor get poorer
Publisher Description
“What are the reasons for the widening gap between the very rich and everybody else? Why does wealth inequality occur? There are likely many political, economic, and cultural reasons. This book describes simple models that predict that inequality is a general and natural occurrence and is very difficult to prevent. Unlike climate models, for example, which require much background in science and very powerful computers, the models we discuss can be simulated on a smart phone, tablet, or a laptop. We encourage you to play with the simulations and explore their results.”