While explaining different ways to conceptualize inequality, in perfect Van Wilder style:
"Write that down."
I had to stop myself from giggling. Also part of this lecture, we reviewed the formula for the Kolm Index, which prompted:
"If you've had any basic high school math, this won't be scary"
The formula:
k= 1/κ ln [(1/n) Σe^κ(y-y1)]
(That scares me a a little.)
Quotes from T.P. 9/10/7
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