The Personal Distribution of Income in the United States (Classic Reprint)

Book excerpt: Excerpt from The Personal Distribution of Income in the United States Table OF contents age the problem Practical and theoretical difficulties connected with formulation of the problem. Relation of personal distribution to factorial distribution. Pareto's law and the problem OF mathematically describ ing the frequency distribution OF income. Pareto's Law. Improbability that any simple mathematical ex pression adequately describing the frequency distribution of in come can ever be formulated. Heterogeneity of the data. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.