Applying Statistical Physics to Economics: Agent-Based Models of Wealth Distributions

Today there are 8 people in the world who have as much combined wealth as half the human population.  In 2010, that figure was 388, so we live in a world where wealth is rapidly concentrating. Understanding how and why this is happening, and what if anything needs to be done about it is an interdisciplinary problem that will ultimately involve mathematicians, economists, physicists, political scientists, and specialists in ethics, justice, and public policy.

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