Current:Home > ContactPutting the 80/20 rule to the test -WealthRoots Academy
Putting the 80/20 rule to the test
NovaQuant Quantitative Think Tank Center View
Date:2025-04-09 03:29:05
A favorite of productivity hackers, the Pareto Principle, aka the 80/20 rule, has taken on a life of its own since it was first observed by an Italian economist over a century ago. The concept states that a small number of causes generates a large number of outcomes. Today on the show, the origins of the Pareto Principle, why marketing and business-types love it, and whether it holds up under scrutiny.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
veryGood! (3361)
Related
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Attention road trippers! These apps play vacation planner, make life on the road a dream
- RHOA's Kenya Moore Seemingly Subpoenas Marlo Hampton Mid-Reunion in Shocking Trailer
- Michigan teen’s death fueled anti-vaccine rhetoric. We got CDC’s investigative report.
- Former longtime South Carolina congressman John Spratt dies at 82
- Michael Oher in new court filing: Tuohys kept him 'in the dark' during conservatorship
- See you on Copacabana? Unusually balmy weather hits Brazil in a rare winter heat wave
- Savannah picks emancipated Black woman to replace name of slavery advocate on historic square
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Current mortgage rates are the highest they've been since 2001. Is there an end in sight?
Ranking
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Jury convicts ex-chief of staff of lying to protect his boss, former Illinois House speaker Madigan
- Why Alyson Stoner Felt Uncomfortable Kissing Dylan and Cole Sprouse on Zack & Cody
- Spanish soccer president faces general assembly amid reports he will resign for kissing a player
- The Daily Money: Spending more on holiday travel?
- Climate change made it in the GOP debate. Some young Republicans say that's a win
- Broken, nonexistent air conditioning forces schools to change schedules during 'heat dome'
- The viral song 'Rich Men North of Richmond' made its way to the RNC debate stage
Recommendation
Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
TikToker Alix Earle Addresses Nose Job Speculation
U.S. figure skating team asks to observe Russian skater Kamila Valieva's doping hearing
Stock market today: Asian shares mostly decline ahead of Federal Reserve’s Powell speech
Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
RHOA's Kenya Moore Seemingly Subpoenas Marlo Hampton Mid-Reunion in Shocking Trailer
Canadian wildfires led to spike in asthma ER visits, especially in the Northeast
Prigozhin’s purported demise seems intended to send a clear message to potential Kremlin foes