New Essays on Pareto’s Economic Theory

1st Edition

Luigino Bruni, Aldo Montesano

Routledge
Published June 23, 2014
Reference - 228 Pages - 9 B/W Illustrations
ISBN 9781138805019 - CAT# Y170407
Series: Routledge Studies in the History of Economics

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Summary

Pareto's Manual of Political Economy, first published in 1905, introduced the analytical approach which has characterised a significant part of twentieth century economic theory. In particular, the Manual examined the ordinal representation of the individual choice, the issue of the general economic equilibrium and the Pareto optimality criterion for evaluating economic efficiency. The Manual also contained analyses of production, non-linear prices, non-competitive markets and the competition process, which have not yet been fully developed in modern mainstream economics.

Based on Pareto’s groundbreaking ‘Manuale di Economia Politica’, this edited collection brings together a selection of essays from some of the most authoritative scholars of Pareto, who discuss the relevance of Pareto’s economics in the context of the present theoretical debate.

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