Entropy & reverse entropy · Statistical and Nonlinear Physics

Entropy and Wealth

Demetris Koutsoyiannis & G.-Fivos Sargentis · Oct 17, 2021

The authors show that income distribution follows maximum entropy principles, linking higher entropy to greater wealth rather than disorder.

In short

The authors examined how the scientific concept of entropy evolved from a term for disorder into a mathematical tool for measuring randomness in data. They found that when applied strictly as a statistical measure, income distribution aligns with the principle of maximum entropy and actually increases alongside societal wealth. This approach offers an objective way to analyze economic inequality without relying on subjective metaphors or ideological theories about scarcity.

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Field
Statistical and Nonlinear Physics
Authors
Demetris Koutsoyiannis, G.-Fivos Sargentis
Published
Oct 17, 2021
Cited by
33 papers
Theme
Entropy & reverse entropy
In the glossary
Entropy, Reverse entropy
Kept since
Oct 5, 2026
How I rank it
2 of 5
Found by
The discovery feed