Current:Home > ContactPutting the 80/20 rule to the test -Visionary Wealth Guides
Putting the 80/20 rule to the test
View
Date:2025-04-17 13:09:58
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! (9342)
Related
- The company planning a successor to Concorde makes its first supersonic test
- Shein's mounting ethical concerns may be pushing some Gen Z shoppers to look elsewhere
- Horoscopes Today, August 11, 2023
- Balanced effort leads US past Doncic-less Slovenia 92-62 in World Cup warm-up game
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Joey Baby Jewelry Fall Accessory Must-Haves Start at Just $26
- The Perseid meteor shower peaks this weekend and it’s even better this year
- Indiana man indicted in threats made to Michigan municipal clerk following 2020 election
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- England comes from behind to beat Colombia, advance to World Cup semifinals
Ranking
- Military service academies see drop in reported sexual assaults after alarming surge
- Ravens' record preseason win streak to be put to the test again vs. Eagles
- Police conduct 'chilling' raid of Kansas newspaper, publisher's home seizing computers, phones
- Classes still off early next week in Kentucky’s largest school district due to bus schedule mess
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- California judge who’s charged with murder texted court staff that he shot his wife, prosecutors say
- Balanced effort leads US past Doncic-less Slovenia 92-62 in World Cup warm-up game
- 'No place to live': Why rebuilding Maui won't be easy after deadly fires
Recommendation
NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
Texas questions rights of a fetus after a prison guard who had a stillborn baby sues
Anyone who used Facebook in the last 16 years has just days to file for settlement money. Here's how.
California hiker falls to death in Wyoming’s Grand Teton National Park
Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
1 more person charged in Alabama riverboat brawl; co-captain says he 'held on for dear life'
Shippers warned to stay away from Iranian waters over seizure threat as US-Iran tensions high
Security guard found not guilty in on-duty fatal shot reacting to gun fight by Nashville restaurant