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In economic data skew frequency curves are the rule rather than the exception. This is by no means an original observation, … but it remains true that comparatively little attention is paid to this point in most courses given to students of economic statistics. The result is that each generation must learn anew the lessons taught by Galton, Kapteyn, Gibrat, and other investigators of the properties of the lognormal distribution.

Aitchison, J. & Brown, J.A.C. The Lognormal Distribution: with special reference to its uses in economics, Cambridge at the University Press 1969, p. xviii.