“The difference between the earnings of a common labourer and those of a well employed lawyer or physician, is evidently much greater than that between the ordinary profits in any two different branches of trade. The apparent difference, besides, in the profits of different trades, is generally a deception arising from our not always distinguishing what ought to be considered as wages, from what ought to be considered as profit.” Skin In The GameNormal DistributionLimited Liability Book:An Inquiry into the Nature and Cause of the Wealth of Nation vol II VIIth edition 1793 [Leather Bound] Source: An Inquiry into the Nature and Cause of the Wealth of Nation vol II VIIth edition 1793 [Leather Bound]
“The huger the mob, and the greater the apparent anarchy, the more perfect is its sway. It is the supreme law of Unreason. Whenever a large sample of chaotic elements are taken in hand and marshalled in the order of their magnitude, an unsuspected and most beautiful form of regularity proves to have been latent all along.” Normal DistributionLaw Of Frequency Of Error Author:Francis Galton