The Matthew Effect: Why the Rich Get Richer

matthew effect re-inforcing loop

When I was in my teens and twenties, I always thought the world was unfair. 

How can the world be fair if the rich get richer and the poor get poorer?

Enter: The Matthew Effect.

The Matthew Effect, also known as the principle of accumulated advantage, is not only a platitude; it’s a scientifically recognized phenomenon that has been studied by sociologists and economists.

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