What is Matthew Effect? From A Business Professor
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YouTubeBusiness School 101
What is Matthew Effect? From A Business Professor
The Matthew Effect, sometimes referred to as the "Matthew Principle," is a concept in sociology and economics that is often summarized by the phrase "the rich get richer and the poor get poorer." The term comes from the Bible, specifically in reference to a passage from the book of Matthew, chapter 25, verses 29-30: "For to everyone who has ...
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