The rich get richer and the poor get poorer.

Find out how this is predicted using the Matthew Effect

Here’s some key topics covered from this episode:

– How a Bible verse predicts inequality

– Why you need to reconsider your own beliefs on this topic

– What my Economics Teachers that helps me to address this

Play the episode for more

Here’s some key takeaways from this episode: 

The Matthew Effect says people who have more get more

“In its simplest form the Matthew Effect describes how the rich get richer and the poor get poorer “

This means those with less get a lot less in relative terms

““eminent scientists get disproportionately great credit for their contributions to science while relatively unknown scientists tend to get disproportionately little credit for comparable contributions.”

This may mean misallocation of important resources

“If this a market failure.. Maybe we need to address it..  ”

Check out these resources

The Matthew Effect in Science

Element of Inclusion Youtube Channel

Whenever you’re ready, there are a few ways I can support your Inclusion Journey:

1.      Work with me 1:1

2.     Get Practical Book Insights

3.     Get our Free Email Course

For everything else check this

https://linktr.ee/elementofinclusion

The post The Matthew Effect: How Privilege Shapes Success appeared first on Element of Inclusion.