Current:Home > FinancePutting the 80/20 rule to the test -Achieve Wealth Network
Putting the 80/20 rule to the test
View
Date:2025-04-15 15:17:47
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! (2417)
Related
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- Daniel Will: Artificial Intelligence Wealth Club Explains Public Chain, Private Chain, Consortium Chain
- Argentina’s Milei faces general strike at outset of his presidency, testing his resolve
- The UN refugee chief says that he’s worried that the war in Ukraine is being forgotten
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Vermont woman changes plea in killing of her husband
- Biden to speak at United Auto Workers conference as he woos blue-collar vote in battleground states
- How the fentanyl crisis has impacted New Hampshire voters
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Japan’s exports surge 10% in December on strong demand for autos, revived trade with China
Ranking
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- With Pitchfork in peril, a word on the purpose of music journalism
- Gypsy Rose Blanchard and Husband Ryan Anderson Welcome Cute New Family Member
- Qatar says gas shipments affected by Houthi assaults as US-flagged vessels attacked off Yemen
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- Simone Biles Sends Love to “Heart” Jonathan Owens After End of His NFL Season
- Jury seated in trial of Michigan mom whose son killed 4 at school
- Fly Eagles Fly: Here's what NFL fans listened to on Spotify for the 2023 season
Recommendation
Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
Tanzania’s main opposition party holds first major protest in several years, after ban was lifted
Kia recalls over 100,000 vehicles for roof issue: Here's which models are affected
2024 McDonald's All American Games rosters: Cooper Flagg, Me'Arah O'Neal highlight list
Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
Ford to recall nearly 1.9 million Explorer SUVs to secure trim pieces that can fly off in traffic
Experiencing racism may physically change your brain
Jury seated in trial of Michigan mom whose son killed 4 at school