Socio-economic inequalities: a statistical physics perspective

TL;DR

This paper explores socio-economic inequalities through the lens of statistical physics, analyzing their origins, causes, and implications with interdisciplinary insights.

Contribution

It introduces a physics-based approach to understanding socio-economic inequalities, integrating statistical tools with social science perspectives.

Findings

Statistical physics methods reveal patterns in inequality data

Interdisciplinary approaches enhance understanding of social disparities

Origins of inequalities linked to evolutionary and historical factors

Abstract

Socio-economic inequalities are manifested in different aspects of our social life. We discuss various aspects, beginning with the evolutionary and historical origins, and discussing the major issues from the social and economic point of view. The subject has attracted scholars from across various disciplines, including physicists, who bring in a unique perspective to the field. The major attempts to analyze the results, address the causes, and understand the origins using statistical tools and statistical physics concepts are discussed.