Today somebody circulated the list of most popular twitterati among the economists.
I took the top 101 by their number of followers. It displays extreme Pareto-like look that we find at the top of wealth distribution or if we look at earnings of the top 100 tennis players.
I took the top 101 by their number of followers. It displays extreme Pareto-like look that we find at the top of wealth distribution or if we look at earnings of the top 100 tennis players.
The graph below shows the Pareto line fitted on 101 top econ twitterati. Its slope is *super* steep, at -1.25. (Usual slopes at the top of income distribution are around -2.5 => thicker tail.)
The Gini among the 101 econ twitterati is 0.64.
The Gini among the 101 econ twitterati is 0.64.
The point is: here too we see the extreme concentration of values at the top, like in other heavily asymmetric distributions.
Or differently, twitter is no exception to pervasive inequality.
(If interested, the outlier at the very top is @paulkrugman).
Or differently, twitter is no exception to pervasive inequality.
(If interested, the outlier at the very top is @paulkrugman).
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