Reply To: Cap and Trade

[Brian H]

Aeronaut wrote:

Well stated. But be careful about using the “everyone thought the earth was flat” argument. That is pretty much a myth. About anyone who could read realised that the earth was a sphere in the middle ages. What was controversial was whether the earth rotated around the sun.

Jimmy, I started out to say “I take your point” but then I thought “haaaang on -what percentage of the population could read in the middle ages?” So I think I’ll stick to my guns this time and use your earth round the sun thing in future.

Take care.

Applying the 80/20 rule to filter a population twice will show 4% of a population controlling the other 96%.
And 4 times will show 0.16%. And eight times will show 0.000256%. And 16 times will show ~0.0000000007%. Which is 1/25 of one person! 😉