The Matthew Effect: How Privilege Shapes Success

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

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