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Friday, 16 May 2008
 
 

The Power Of The 80-20 Rule

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The Power Of The 80-20 Rule

In 1897, over a century ago, an Italian economist called Vilfredo Pareto made the discovery that 80% of the wealth of a population was owned by 20% of that population. The Pareto Principle, or 80/20 rule, is a pattern of predictable imbalance that keeps popping up in all kinds of contexts ever since.
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