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Matthew effect

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Matthew effect

greater accumulation of wealth or status by those who already have it

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About Matthew effect

The Matthew effect of accumulated advantage, Matthew principle, or Matthew effect is the tendency of individuals to accrue social or economic success in proportion to their initial level of popularity, friends, and wealth. It is sometimes summarized by the adage or platitude "the rich get richer and the poor get poorer". The term was coined by sociologists Robert K. Merton and Harriet Zuckerman in 1968 and takes its name from a loose interpretation of the Parable of the Talents in the biblical Gospel of Matthew.

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