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Is Wealth Inequality Inevitable?
written by
Wolfgang Christian, Harvey Gould, and Jan Tobochnik
Many societies exhibit large wealth inequalities but what is the cause of this inequality? This talk describes simple models of economic activity that show that inequality may be inevitable and unless an economy includes wealth sharing or redistribution. Our models show that inequality occurs naturally when two people decide to exchange goods, agree on a price and voluntarily engage in a transaction. The simple econo-physics models presented in this talk can run on a smart phone, tablet, or a laptop, and are available at no cost in the Open Source Physics digital library.
NC AAPT Fall Section Meeting 2022
Greenesboro NC: November 5, 2022, 2022
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Record Link
<a href="https://www.compadre.org/portal/items/detail.cfm?ID=16358">Christian, W, H. Gould, and J. Tobochnik. "Is Wealth Inequality Inevitable?." Paper presented at the NC AAPT Fall Section Meeting 2022, Greenesboro NC, November 5, 2022, 2022.</a>
AIP Format
W. Christian, H. Gould, and J. Tobochnik, , presented at the NC AAPT Fall Section Meeting 2022, Greenesboro NC, 2022, WWW Document, (https://www.compadre.org/Repository/document/ServeFile.cfm?ID=16358&DocID=5662).
AJP/PRST-PER
W. Christian, H. Gould, and J. Tobochnik, Is Wealth Inequality Inevitable?, presented at the NC AAPT Fall Section Meeting 2022, Greenesboro NC, 2022, <https://www.compadre.org/Repository/document/ServeFile.cfm?ID=16358&DocID=5662>.
APA Format
Christian, W., Gould, H., & Tobochnik, J. (2022, November 5, 2022). Is Wealth Inequality Inevitable?. Paper presented at NC AAPT Fall Section Meeting 2022, Greenesboro NC. Retrieved May 1, 2025, from https://www.compadre.org/Repository/document/ServeFile.cfm?ID=16358&DocID=5662
Chicago Format
Christian, W, H. Gould, and J. Tobochnik. "Is Wealth Inequality Inevitable?." Paper presented at the NC AAPT Fall Section Meeting 2022, Greenesboro NC, November 5, 2022, 2022. https://www.compadre.org/Repository/document/ServeFile.cfm?ID=16358&DocID=5662 (accessed 1 May 2025).
MLA Format
Christian, Wolfgang, Harvey Gould, and Jan Tobochnik. "Is Wealth Inequality Inevitable?." NC AAPT Fall Section Meeting 2022. Greenesboro NC: 2022. 1 May 2025 <https://www.compadre.org/Repository/document/ServeFile.cfm?ID=16358&DocID=5662>.
BibTeX Export Format
@inproceedings{
Author = "Wolfgang Christian and Harvey Gould and Jan Tobochnik",
Title = {Is Wealth Inequality Inevitable?},
BookTitle = {NC AAPT Fall Section Meeting 2022},
Address = {Greenesboro NC},
Month = {November 5, 2022},
Year = {2022}
}
Refer Export Format
%A Wolfgang Christian %A Harvey Gould %A Jan Tobochnik %T Is Wealth Inequality Inevitable? %D November 5, 2022 2022 %C Greenesboro NC %U https://www.compadre.org/Repository/document/ServeFile.cfm?ID=16358&DocID=5662 %O NC AAPT Fall Section Meeting 2022 %O November 5, 2022 %O application/pdf
EndNote Export Format
%0 Conference Proceedings %A Christian, Wolfgang %A Gould, Harvey %A Tobochnik, Jan %D November 5, 2022 2022 %T Is Wealth Inequality Inevitable? %B NC AAPT Fall Section Meeting 2022 %C Greenesboro NC %8 November 5, 2022 %U https://www.compadre.org/Repository/document/ServeFile.cfm?ID=16358&DocID=5662 Disclaimer: ComPADRE offers citation styles as a guide only. We cannot offer interpretations about citations as this is an automated procedure. Please refer to the style manuals in the Citation Source Information area for clarifications.
Citation Source Information
The AIP Style presented is based on information from the AIP Style Manual. The APA Style presented is based on information from APA Style.org: Electronic References. The Chicago Style presented is based on information from Examples of Chicago-Style Documentation. The MLA Style presented is based on information from the MLA FAQ. |
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