Many, many chance experiments, if repeated long enough, will generate histograms that approximate the shape of the Normal Curve.


Rise of the Global Elite
The Agenda with Steve Paikin

The already wealthy have emerged from the global recession in an even wealthier position. What does the rise of global elites mean to power and influence at home and abroad?

On Inequality
The Agenda with Steve Paikin

Chrystia Freeland on the state of income inequality and tensions between rich and poor states in Europe.

The Truth About the Growing Income Gap
Chicago Ideas Week

Chyrstia Freeland on the statistics and how the numbers don't tell the whole story.


Computer Animation of Money Exchange Models
by Victor Yakovenko

A narrow initial distribution, where all agents have the same amount of money, is unstable and evolves in time into a broad and skewed distribution, where many agents have low money balances and few agents have high money balances.


Capital in the Twenty-First Century
by Thomas Piketty

The historical evolution of inequality in advanced economies, and capitalism’s inherent dynamics.