Extreme Events, Resilience, and Uncertainty

Roger D. Jones

Center for Complex Systems and Enterprises
Stevens Institute of Technology
Hoboken , NJ USA

What are the right questions?


Income Inequality in the Last 100 Years in the U.S.


Note that income inequality was as high as it is today in the 1920s. It reached its bottom in the 70s.

U.S. Has Highest Inequality, But Only After Taxes (Gini Index)


But … it is part of the American mythology that everyone has the opportunity to be rich.

Intergenerational Mobility


Unfortunately, the poorest regions of the country are the least mobile. Inequality seems to be associated with lack of mobility.

The Great Gatsby Curve


Causes of Inequality (Piketty)

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