Sublime

Theil index of inequality, which is not about abundances of types per se but rather about inequality:

Troisièmement, la question de l’équité dans le système reste mal traitée. Les formules de calcul des pensions ne prenant qu’une partie de la carrière en compte pénalisent les assurés à bas revenu, subissant soit une carrière incomplète soit une trajectoire peu dynamique. Enfin, les inégalités d’espérance de vie, peu visibles mais bien présentes,

In Michigan, from 2013 to 2015 over 50,000 people were wrongly denied their unemployment benefits by an algorithm that was found to be wrong 93 percent of the time.20 The Michigan Integrated Data Automated System (MiDAS) was built by a private company and cost $47 million to implement. One part of its failure was that it relied on a single data

The people of the OECD, while representing only one-sixth of the global population, use one-third of the world’s energy and half of the world’s electricity and are responsible for one-third of the world’s carbon dioxide emissions. Not only that, but the OECD consumes one-third of the world’s meat as well as one-third of the world’s sugar.

But it is very rarely true that 50 percent of causes lead to 50 percent of results. The universe is predictably unbalanced. Few things really matter. Truly effective people and organizations batten on to the few powerful forces at work in their worlds and turn them to their advantage.

Third, we create prosperous and exclusive communities. And in doing so, we not only create neighborhoods with concentrated riches but also neighborhoods with concentrated despair—the externality of stockpiled opportunity.

Because of their contingent nature, the values of derivative securities can vary dramatically with the price of the stock. Extreme sensitivity is always dangerous, especially so when attempts to calculate the sensitivity depend on an inaccurate model.