The Shape of Things to Come

The Shape of Things to Come - TheShapeofThingstoCome

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The Shape of Things to Come The bell curve, that beautiful form of regularity, is getting turned upside down. By Daniel H. Pink In the mid-19th century, a few of Europe's finest scientists and mathematicians noticed something peculiar  about the way the world organized itself. When they measured large samples of various things - the  length of people's middle fingers, say, or the price of certain goods over time - the results tended to cluster  around an average. When plotted on a chart, the data took the shape of a bell. This bell curve, as it was  dubbed, defined "normal distribution" - and it became a fundamental law of natural science, an  elementary truth about the nature of reality. Charles Darwin's cousin Francis Galton - who pioneered the  related idea that everything from stock prices to your descendants' IQs would eventually revert to the  mean - called the bell curve "an unsuspected and most beautiful form of regularity."  EMEK   But today Galton's beautiful form might not be so regular. Although bell curve distribution is still  considered normal, a surprising number of economic and social phenomena now seem to follow a  different arc. Instead of being high in the center and low on the sides, this new distribution is low in the 
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The Shape of Things to Come - TheShapeofThingstoCome

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