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Mathematics is the study of representing and reasoning about abstract objects (such as numbers, points, spaces, sets, structures, and games). Mathematics is used throughout the world as an essential tool in many fields, including natural science, engineering, medicine, and the social sciences. Applied mathematics, the branch of mathematics concerned with application of mathematical knowledge to other fields, inspires and makes use of new mathematical discoveries and sometimes leads to the development of entirely new mathematical disciplines, such as statistics and game theory. Mathematicians also engage in pure mathematics, or mathematics for its own sake, without having any application in mind. There is no clear line separating pure and applied mathematics, and practical applications for what began as pure mathematics are often discovered. (Full article...)

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graph of an increasing curve showing cumulative share of income earned versus cumulative share of people from lowest to highest income
graph of an increasing curve showing cumulative share of income earned versus cumulative share of people from lowest to highest income
A Lorenz curve shows the distribution of income in a population by plotting the percentage y of total income that is earned by the bottom x percent of households (or individuals). Developed by economist Max O. Lorenz in 1905 to describe income inequality, the curve is typically plotted with a diagonal line (reflecting a hypothetical "equal" distribution of incomes) for comparison. This leads naturally to a derived quantity called the Gini coefficient, first published in 1912 by Corrado Gini, which is the ratio of the area between the diagonal line and the curve (area A in this graph) to the area under the diagonal line (the sum of A and B); higher Gini coefficients reflect more income inequality. Lorenz's curve is a special kind of cumulative distribution function used to characterize quantities that follow a Pareto distribution, a type of power law. More specifically, it can be used to illustrate the Pareto principle, a rule of thumb stating that roughly 80% of the identified "effects" in a given phenomenon under study will come from 20% of the "causes" (in the first decade of the 20th century Vilfredo Pareto showed that 80% of the land in Italy was owned by 20% of the population). As this so-called "80–20 rule" implies a specific level of inequality (i.e., a specific power law), more or less extreme cases are possible. For example, in the United States in the first half of the 2010s, 95% of the financial wealth was held by the top 20% of wealthiest households (in 2010), the top 1% of individuals held approximately 40% of the wealth (2012), and the top 1% of income earners received approximately 20% of the pre-tax income (2013). Observations such as these have brought income and wealth inequality into popular consciousness and have given rise to various slogans about "the 1%" versus "the 99%".

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Euclidean geometry is a mathematical system attributed to the Greek mathematician Euclid of Alexandria. Euclid's text Elements was the first systematic discussion of geometry. It has been one of the most influential books in history, as much for its method as for its mathematical content. The method consists of assuming a small set of intuitively appealing axioms, and then proving many other propositions (theorems) from those axioms. Although many of Euclid's results had been stated by earlier Greek mathematicians, Euclid was the first to show how these propositions could fit together into a comprehensive deductive and logical system.

The Elements begin with plane geometry, still often taught in secondary school as the first axiomatic system and the first examples of formal proof. The Elements goes on to the solid geometry of three dimensions, and Euclidean geometry was subsequently extended to any finite number of dimensions. Much of the Elements states results of what is now called number theory, proved using geometrical methods.

For over two thousand years, the adjective "Euclidean" was unnecessary because no other sort of geometry had been conceived. Euclid's axioms seemed so intuitively obvious that any theorem proved from them was deemed true in an absolute sense. Today, however, many other self-consistent geometries are known, the first ones having been discovered in the early 19th century. It also is no longer taken for granted that Euclidean geometry describes physical space. An implication of Einstein's theory of general relativity is that Euclidean geometry is only a good approximation to the properties of physical space if the gravitational field is not too strong. (Full article...)

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