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"89% of the world's billionaires have not held or sought political office."

Makes a far less interesting headline.




I would like to quote from Wikipedia.

The Base rate: It is the proportion of individuals in a population who have a certain characteristic or trait. For example, if 1% of the population were medical professionals, and remaining 99% were not medical professionals, then the base rate of medical professionals is 1%.

The base rate for people who have never held or sought office is much higher than 89%. It's not enough to mirror the number around 100% to make a small number into a big number, you also have to compare with the base rate.


well taking what percent of the control group have held or sought political office and then making a comparison has potential


They've only lobbied people who did




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