Vilfredo Federico Damaso Pareto ( , , , ; born Wilfried Fritz Pareto; 15 July 1848 – 19 August 1923) was an Italian civil engineer, sociologist, economist, political scientist, and philosopher.
Hudson: ==Biography== Pareto was born of an exiled noble Genoese family in 1848 in Paris, the centre of the popular revolutions of that year.
Enthusiastic about the 1848 German revolution, his parents named him Wilfried Fritz, which became Vilfredo Federico upon his family's move back to Italy in 1858.
Enthusiastic about the 1848 German revolution, his parents named him Wilfried Fritz, which became Vilfredo Federico upon his family's move back to Italy in 1858.
In 1869, he earned a doctor's degree in engineering from what is now the Polytechnic University of Turin (then the Technical School for Engineers).
In 1886, he became a lecturer on economics and management at the University of Florence.
In 1889, after the death of his parents, Pareto changed his lifestyle, quitting his job and marrying a Russian, Alessandrina Bakunina. ===Economics and sociology=== In 1893, he succeeded Léon Walras to the chair of Political Economy at the University of Lausanne in Switzerland where he remained for the rest of his life.
The story of Pareto is also part of the multidisciplinary research of a scientific model that privileges sociology as a critique of cumulative models of knowledge as well as a discipline tending to the affirmation of relational models of science. ===Personal life=== In 1889, Pareto married Alessandrina Bakunina, a Russian.
In 1889, after the death of his parents, Pareto changed his lifestyle, quitting his job and marrying a Russian, Alessandrina Bakunina. ===Economics and sociology=== In 1893, he succeeded Léon Walras to the chair of Political Economy at the University of Lausanne in Switzerland where he remained for the rest of his life.
VIII, Ginn & Company, 1893. "The New Theories of Economics," Journal of Political Economy, Vol.
It is a statistical tool that graphically demonstrates the Pareto principle or the 80–20 rule. Pareto's law concerns the distribution of income. The Pareto distribution is a probability distribution used, among other things, as a mathematical realization of Pareto's law. Ophelimity is a measure of purely economic satisfaction. ==Major works== Cours d'Économie Politique Professé a l'Université de Lausanne (in French), 1896–97.
She left him in 1902 for a young servant.
II) Les Systèmes Socialistes (in French), 1902.
For this reason, he called for a drastic reduction of the state and welcomed Benito Mussolini's rule as a transition to this minimal state so as to liberate the "pure" economic forces. Mandelbrot summarized Pareto's notions as follows: The future leader of Italian fascism Benito Mussolini, in 1904, when he was a young student, attended some of Pareto's lectures at the University of Lausanne.
In 1906, he made the famous observation that twenty percent of the population owned eighty percent of the property in Italy, later generalised by Joseph M.
II) Manuale di economia politica con una introduzione alla scienza sociale (in Italian), 1906. Trattato di sociologia generale (in Italian), G.
In one of his books published in 1909 he showed the Pareto distribution of how wealth is distributed, he believed "through any human society, in any age, or country".
Barbéra, Florence, 1916.
II) * (Abridgement of Trattato di sociologia generale) Fatti e teorie (in Italian), 1920.
(Collection of previously published articles with an original epilogue) Trasformazione della democrazia (in Italian), 1921.
1897. "An Italian View," The Living Age, November 1922. ==See also== Elite theory ==References== ==Further reading== Amoroso, Luigi.
Vilfredo Federico Damaso Pareto ( , , , ; born Wilfried Fritz Pareto; 15 July 1848 – 19 August 1923) was an Italian civil engineer, sociologist, economist, political scientist, and philosopher.
Twenty years later in 1923, he married Jeanne Regis, a French woman, just before his death in Geneva, Switzerland on 19 August 1923. ==Sociology== Pareto's later years were spent in collecting the material for his best-known work, Trattato di sociologia generale (1916) (The Mind and Society, published in 1935).
Kelley, 1971 (translation of 1927 French edition of Manuale di economia politica con una introduzione alla scienza sociale). The Transformation of Democracy, Transaction Books, 1984 (translation of Trasformazione della democrazia). The Rise and Fall of Elites: An Application of Theoretical Sociology, Transaction Publishers, 1991 (translation of essay Un applicazione di teorie sociologiche). ===Articles=== "The Parliamentary Régime in Italy," Political Science Quarterly, Vol.
His "tastes-and-obstacles" approach to general equilibrium theory was resurrected during the great "Paretian Revival" of the 1930s and has influenced theoretical economics since. In his Manual of Political Economy (1906) the focus is on equilibrium in terms of solutions to individual problems of "objectives and constraints".
Twenty years later in 1923, he married Jeanne Regis, a French woman, just before his death in Geneva, Switzerland on 19 August 1923. ==Sociology== Pareto's later years were spent in collecting the material for his best-known work, Trattato di sociologia generale (1916) (The Mind and Society, published in 1935).
(Collection of previously published articles with an original appendix) ===English translations=== The Mind and Society, New York: Harcourt, Brace and Company, 1935 (translation ofTrattato di sociologia generale).
"Vilfredo Pareto: A Biographical Portrait," The Saturday Review, 25 May 1935. Millikan, Max.
The Structure of Social Action, The Free Press, 1949. Tarascio, Vincent J.
IV) * Compendium of General Sociology, University of Minnesota Press, 1980 (abridgement of The Mind and Society; translation of Compendio di sociologia generale). Sociological Writings, Praeger, 1966 (translations of excerpts from major works). Manual of Political Economy, Augustus M.
(1968) Pareto's Methodological Approach to Economics: A Study in the History of Some Scientific Aspects of Economic Thought 1968 online edition Forte F., Silvestri P., Pareto's sociological maximum of utility of the community and the theory of the elites, in J.
Kelley, 1971 (translation of 1927 French edition of Manuale di economia politica con una introduzione alla scienza sociale). The Transformation of Democracy, Transaction Books, 1984 (translation of Trasformazione della democrazia). The Rise and Fall of Elites: An Application of Theoretical Sociology, Transaction Publishers, 1991 (translation of essay Un applicazione di teorie sociologiche). ===Articles=== "The Parliamentary Régime in Italy," Political Science Quarterly, Vol.
IV) * Compendium of General Sociology, University of Minnesota Press, 1980 (abridgement of The Mind and Society; translation of Compendio di sociologia generale). Sociological Writings, Praeger, 1966 (translations of excerpts from major works). Manual of Political Economy, Augustus M.
Kelley, 1971 (translation of 1927 French edition of Manuale di economia politica con una introduzione alla scienza sociale). The Transformation of Democracy, Transaction Books, 1984 (translation of Trasformazione della democrazia). The Rise and Fall of Elites: An Application of Theoretical Sociology, Transaction Publishers, 1991 (translation of essay Un applicazione di teorie sociologiche). ===Articles=== "The Parliamentary Régime in Italy," Political Science Quarterly, Vol.
Kelley, 1971 (translation of 1927 French edition of Manuale di economia politica con una introduzione alla scienza sociale). The Transformation of Democracy, Transaction Books, 1984 (translation of Trasformazione della democrazia). The Rise and Fall of Elites: An Application of Theoretical Sociology, Transaction Publishers, 1991 (translation of essay Un applicazione di teorie sociologiche). ===Articles=== "The Parliamentary Régime in Italy," Political Science Quarterly, Vol.
The Signification of Vilfredo Pareto’s Sociology, Revue Européenne des Sciences Sociales, XXXVIII, 2000. Eisermann, G.(2001).
(Oxon) (1989) "The Sociological System of Vilfredo Pareto" in Igor Kon (ed.) A History of Classical Sociology Moscow: Progress Publishers pp. 312–36 Palda, Filip (2011) Pareto's Republic and the New Science of Peace 2011 [http://www.paretorepublic.com] chapters online.
Conceptions of an Encyclopedia, Peter Lang, Frankfurt am Main, 2013, pp. 231–65. Della Pelle, P., (a cura di), Introduction a K.
Pareto, edizione critica con il testo italiano a fronte, Aracne, Canterano 2018. ===Primary sources=== ==External links== The Two Biggest Ideas of Vilfredo Pareto in Economics Further information from New School University Review materials for studying Vilfredo Pareto Vilfredo Pareto: A Concise Overview of His Life, Works, and Philosophy, by Fr.
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