The L-Curve

Posted by Michael Palmer on Wednesday, July 30, 2003

Interesting site on distribution of wealth.

Imagine the population of the United States stretched across a football field in order of income, from poorest to richest. Now imagine a stack of $100 bills representing each person’s income. (A 1-inch stack of $100 bills is $25,000.) The red line represents the heights of those stacks compared to a football field. I call this graph the “L-Curve.”

Read More : The L-Curve


comments powered by Disqus