Tuesday 23 December 2008

numbers can deceive.

I remember reading recently that there is more to averages than meets the eye. For example the GDP per capita in the UK and end of year 2007 was roughly £20,000. Which means the average amount of money each person earnt per year was £20,000. However how many people in the UK actually earn this? the answer is not many. When you take into account the over inflated (to put it politely!) salaries of a few fat cat millionaires, that number is only brought back down to size due to the many people living amongst us living under the poverty line.

Wouldn't it be amazing if we brought back the great Jewish tradition, the Year of the Jubilee, and evenly shared out all our wealth every fifty years regardless of whether you contributed five quid or five million. We would all be earning twenty grand a year! That'll soon sort out the credit crisis!

So the moral of the story is don't always believe in averages, if you did you might be led to believe that...

"Those with 2 feet have an above-average number of feet"

Crazyness.

No comments: