Sunday, March 10, 2013

Wealth inequality

Last week I discussed a hands-on exercise to illustrate the unequal distribution of income using 100 pieces of candy distributed among students in the classroom.

If you are interested in an eye-opening explanation of income distribution without the sugar rush, this video may be useful...

Note: To drive the point home, and to correlate more closely with the video (above), the 100 candy exercise could be modified to select 1 student (at random) who receives 40 pieces of candy, while the remainder of the top quintile divides up the other 42 pieces, and the bottom 60 percent of the class has to share 5 pieces of candy among a dozen people.

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