Gini in a Bottle

There is only one essay I ever wrote in these UCLA Bellovian halls, and the rest was a variant thereof of different flavors, in self-plagiarism of copy and paste. It was about the oppressor and oppressed, of the other and the self. If you can write and see that thesis in 500 papers, it is analogous to the economic or physical lens of not only romantic theory, but of the natural and financial world. If you heat a ferromagnet to a certain temperature, its Curie temperature, it would no longer magnetize. Likewise, if you were to suck water out of an endless straw, it would abruptly stop at 10 meters, as given the low pressure, water starts to vaporize, and even more molecular as one gazes at the photons forming rainbows in water droplets of dew, of wave-particle duality of that boundary when a photon behaves more like matter than a wave. It is in that ambiguous boundary where magic occurs and where both empathy emerges and extremes in disparities lie.

The Gini coefficient is a coefficient based off of zero and 1, where zero is off and there is no inequality- of a perfect society and 1 of high inequality. Most nation-states like the United States have a coefficient of around 0.86. The curve shown is the Lorenz curve, and demonstrates in mathematics what one would call an affine model of economics as the change in wealth being an exponential curve scales multiplicatively, whereas the number of individuals who hold wealth, scales additively.

Like water’s specific heat, Curie temperatures, and wave particle duality, a simple difference like lower banking rates and financial advice- of education that demarcates the oligarchal curve of wealth, where economic power concentrates. It is in this marginal boundary as wealth compounds over time that diverges a healthy economy, to one of severe inequality; it is these seemingly inconsequential choices that exponentially compound over time. 

A more practical example, take for example one was at a yard sale, exchanging pecuniary means for a physical object. If such, physical object is exchanged for a cash value equating to its intrinsic value, there would be a perfect state and no economic inequalities would reside. However, this obviously idealistic, and there is always a slight change of inequalities, that compound typically, time. Perhaps one can say that this is reliant on the skill of bargainer to market their product, or perhaps, it is in luck, of duping a greater fool. 

This yard sale, is similar to a game of a dice toss: if such there is an imaginary dice of 100 faces, if the dice rolls any number from 1-51, the house wins, and from 52-100, you win. Thus, the probability of the casino winning is 51/100, and you 49/100, giving your expected profit around -2%. Sure, if you had $1, and lost 2 cents, that might not seem much, but if you ran a Monte Carlo simulation, the more bets you make over time, warrants the more money you will lose. 

The core of unregulated systems likened to yard sales, is rid of legal legislation, but it is these legalized mechanisms that actually redistribute wealth and ensure all players are good actors. It is in unfair and unregulated free markets, that inequalities too, run free. A simple step of making the bargainer take a small step towards the mean wealth distribution is all it takes to prevent stable economies from dramatically concentrating due to privatization and deregulation. 

Perhaps the next time we see night and day, and ask which one was better, as in  yin and yang, I would question what makes us, different between the otherness of animals and ourselves. If light itself be but a particle or matter, gravity itself is a compounding force, the bottom line of what distinguishes a human from basal matter of otherness, is perhaps not the capaciousness to ratiocinate in wealth of knowledge and capita thereof, but rather our ability to comply with laws of air and angels. Let us learn through historical tomes of those long lost dead, for the music of spheres too when stars and shadows align, have some sort of order.

Dedicated to a traveling mathematician,

K.S. Osone