Current:Home > MyPutting the 80/20 rule to the test -Summit Capital Strategies
Putting the 80/20 rule to the test
View
Date:2025-04-19 08:23:04
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! (47555)
Related
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Rapidly expanding wildfires in the Texas Panhandle prompt evacuations
- Family Dollar to pay $42 million for shipping food from rat-infested warehouse to stores
- Warren Buffett holds these 45 stocks for Berkshire Hathaway's $371 billion portfolio
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Jacob Rothschild, financier from a family banking dynasty, dies at 87
- Why USC quarterback Caleb Williams isn't throwing at NFL scouting combine this week
- Here's why the 'Mary Poppins' rating increased in UK over 'discriminatory language'
- Grammy nominee Teddy Swims on love, growth and embracing change
- How do you get lice? Here's who is most susceptible, and the truth about how it spreads
Ranking
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- She missed out on 'Mean Girls' 20 years ago — but Busy Philipps got a second chance
- 2 men convicted of killing Run-DMC’s Jam Master Jay, nearly 22 years after rap star’s death
- Lawsuit claims isolation and abuse at Wyoming Boys School
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Review: Dazzling 'Shogun' is the genuine TV epic you've been waiting for
- Her air-ambulance ride wasn't covered by Medicare. It will cost her family $81,739
- Opportunities for Financial Innovation: The Rise of Alpha Elite Capital (AEC) Corporate Management
Recommendation
Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
Doctor dies of allergic reaction after asking if meal at Disney restaurant was allergen free: Lawsuit
Jacob Rothschild, financier from a family banking dynasty, dies at 87
Kristin Cavallari Debuts New Romance With Mark Estes
Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
'Bluey' special 'The Sign' and a new episode premiere in April. Here's how to watch.
See Who Will Play the Jackson 5 in Michael Jackson Biopic
Macy’s to close 150 unproductive namesake stores amid sales slip as it steps up luxury business