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Thread: How Racism Is Affecting Public Health

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    Quote Originally Posted by Heff View Post
    I'm not the one making the claim "Pareto proved what unfettered markets produce in an economy over 150 fucking years ago ". I'm just curious where it says that.

    when did he live?

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    https://en.wikipedia.org/wiki/Vilfredo_Pareto


    His legacy as an economist was profound. Partly because of him, the field evolved from a branch of moral philosophy as practised by Adam Smith into a data intensive field of scientific research and mathematical equations. His books look more like modern economics than most other texts of that day: tables of statistics from across the world and ages, rows of integral signs and equations, intricate charts and graphs.[3]

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    Quote Originally Posted by reagansghost View Post
    sorry, that is a term used solely by libertarian fuckwads like you, has zero relevance in the real world

    you and your llk love to blabber on and on about the inherent evils of our federal government, fuck off
    ahhh, the future.....

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    Quote Originally Posted by evince View Post
    this thread explains a lot of this
    This thread explains how racial profiling led to spitting in a Black man's face, which is a proven health hazard:

    Quote Originally Posted by evince View Post
    I spit in the face of the black guy.

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    Quote Originally Posted by evince View Post
    when did he live?
    This was the part I'm talking about: "Pareto proved what unfettered markets produce in an economy". Where were these unfettered markets 150 years ago?
    The anti-Trumper's new mantra:

    “B-b-but muh White supremacy”

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    Quote Originally Posted by Heff View Post
    It says nothing about him proving what you claimed he proved.
    I told you she doesn’t understand what she reads. She is arguably the biggest dumb fuck on JPP

    Oh and she is a crack addict. That is 100% true. She has admitted it. How can you believe anything a crack addict says?

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    Concepts[edit]
    Some economic concepts in current use are based on his work:
    The Pareto index is a measure of the inequality of income distribution.
    He argued that in all countries and times, the distribution of income and wealth is highly skewed, with a few holding most of the wealth. He argued that all observed societies follow a regular logarithmic pattern:
    log ⁡ N = log ⁡ A + m log ⁡ x {\displaystyle \log N=\log A+m\log x}

    where N is the number of people with wealth higher than x, and A and m are constants. Over the years, Pareto's Law has proved remarkably close to observed data.
    The Pareto chart is a special type of histogram, used to view causes of a problem in order of severity from largest to smallest. It is a statistical tool that graphically demonstrates the Pareto principle or the 80–20 rule.
    Pareto's law concerns the distribution of income.
    The Pareto distribution is a probability distribution used, among other things, as a mathematical realization of Pareto's law.
    Ophelimity is a measure of purely economic satisfaction.

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    Quote Originally Posted by evince View Post
    https://en.wikipedia.org/wiki/Vilfredo_Pareto


    His legacy as an economist was profound. Partly because of him, the field evolved from a branch of moral philosophy as practised by Adam Smith into a data intensive field of scientific research and mathematical equations. His books look more like modern economics than most other texts of that day: tables of statistics from across the world and ages, rows of integral signs and equations, intricate charts and graphs.[3]
    One of Pareto's equations achieved special prominence, and controversy. He was fascinated by problems of power and wealth. How do people get it? How is it distributed around society? How do those who have it use it? The gulf between rich and poor has always been part of the human condition, but Pareto resolved to measure it. He gathered reams of data on wealth and income through different centuries, through different countries: the tax records of Basel, Switzerland, from 1454 and from Augsburg, Germany, in 1471, 1498 and 1512; contemporary rental income from Paris; personal income from Britain, Prussia, Saxony, Ireland, Italy, Peru. What he found – or thought he found – was striking. When he plotted the data on graph paper, with income on one axis, and number of people with that income on the other, he saw the same picture nearly everywhere in every era.

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    Quote Originally Posted by Heff View Post
    This was the part I'm talking about: "Pareto proved what unfettered markets produce in an economy". Where were these unfettered markets 150 years ago?
    its all right there idiot

    he studied all data from all times and eras


    the charts told the same thing

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    Quote Originally Posted by evince View Post
    its all right there idiot

    he studied all data from all times and eras


    the charts told the same thing
    Except they say nothing about "unfettered markets", which it appears you just added into it.
    The anti-Trumper's new mantra:

    “B-b-but muh White supremacy”

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    Quote Originally Posted by Heff View Post
    Except they say nothing about "unfettered markets", which it appears you just added into it.
    um yes it does

    why are you lying?


    do you know what an unfettered market is?

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    Society was not a "social pyramid" with the proportion of rich to poor sloping gently from one class to the next. Instead it was more of a "social arrow" – very fat on the bottom where the mass of men live, and very thin at the top where sit the wealthy elite. Nor was this effect by chance; the data did not remotely fit a bell curve, as one would expect if wealth were distributed randomly. "It is a social law", he wrote: something "in the nature of man".[16]:153
    Pareto had argued that democracy was an illusion and that a ruling class always emerged and enriched itself. For him, the key question was how actively the rulers ruled. For this reason, he called for a drastic reduction of the state and welcomed Benito Mussolini's rule as a transition to this minimal state so as to liberate the "pure" economic forces.

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    Quote Originally Posted by evince View Post
    um yes it does

    why are you lying?


    do you know what an unfettered market is?
    I do. Where were these unfettered markets you keep talking about?
    The anti-Trumper's new mantra:

    “B-b-but muh White supremacy”

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