Etikett: Pareto

  • Which features to add or bugs to fix?

    In 1906, the Italian economist Vilfredo Pareto created a mathematical formula to describe the unequal distribution of wealth in Italy. He observed that 20% of the people owned 80% of the wealth. This is what has come to be know as the Pareto Principle (a.k.a 80/20 rule or the law of the vital few). The […]