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View Diary: Socialism is like total equality y'know. (70 comments)

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  •  one easy explanation of the income disparity (0+ / 0-)

    if you asked people, they probably think incomes follow a normal distribution with mean and median roughly equal. if you just showed them a graph of the beta it actually follows and how far apart the mean and median actually are, it's like 43 and 26 or something, which is worlds apart in the practical sense, and you show how the median actually gives a better picture of the situation (you may have to explain what median and mean are), i think it would open a lot of eyes.

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