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The so-called "Yard-Sale Model" of wealth distribution posits that wealth istransferred between economic agents as a result of transactions whose size isproportional to the wealth of the less wealthy agent. In recent work [B.M.Boghosian, "Kinetics of Wealth and the Pareto Law," {\it Phys. Rev. E} {\bf 89}(2014) 042804], it was shown that this results in a Fokker-Planck equationgoverning the distribution of wealth. With the addition of a mechanism forwealth redistribution, it was further shown that this model results instationary wealth distributions that are very similar in form to Pareto's wellknown law. In this paper, a much simpler derivation of that Fokker-Planckequation is presented.

Fokker-Planck Description of Wealth Dynamics and the Origin of Pareto's Law