Glancing at the Wiki page, it seems like it comes from this dude realizing "Whoa. In Italy 80% of the land is owned by 20% of the population" and that being used to create this "principle" to apply to other things.
A reasonable person might ask "Damn why is land ownership so messed up?"
To which the economist replies "Well clearly it's just the natural state of the world."
Exclusive: Firms claim to support responsible drinking, yet data shows those who consume at risky or harmful levels account for 60% of sales in England
Could I get some simple examples of the Pareto principle?
I googled but the results were a copypasta orgy of crap...
That's basically it. It's just "80% of x is caused by 20% of y" or vice versa. It's not a real principle, just a thought terminating cliche.
it's less inaccurate in cases of diminishing returns or increasing difficulty.
easy things take less effort than hard things
no way that guy mined 80% of the earths copper
Glancing at the Wiki page, it seems like it comes from this dude realizing "Whoa. In Italy 80% of the land is owned by 20% of the population" and that being used to create this "principle" to apply to other things.
A reasonable person might ask "Damn why is land ownership so messed up?" To which the economist replies "Well clearly it's just the natural state of the world."
20% of my ass produces 80% of the doo doo.
20% of the bees produce 80% of the honey.
It's useful because in 20% of work I can get 80% of a good result. That's usually good enough, so 80% of the day i do fuck all
LOL that's just incel ideology, it's the exact same shit as "80% of FEEEMALES only fuck the 20% of CHAAADS"
It's not a principle it's a statistical distribution
Wait so he's literally saying "Marx failed to consider class society predates capitalism" I'm dead 💀💀💀
the pareto principle is when there's inequality.
That's literally not how lifting works lol
You can't do a 1x3 in place of a 5x3 and expect similar results
20% of alcohol drinkers consume 80% of the alcohol. I actually believe that one, used to be in the 20%
A 2016 article...