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Vilfredo Pareto

(1848–1923) Economist

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Vilfredo Pareto was an economist, best known for Considerations on the Fundamental Principles of Pure Political Economy.

Quick Facts About Vilfredo Pareto

Born
July 15, 1848
Died
August 19, 1923
Profession
Economist
Notable works
Considerations on the Fundamental Principles of Pure Political Economy

About Vilfredo Pareto

Vilfredo Federico Damaso Pareto was an Italian polymath, whose areas of interest included sociology, civil engineering, economics, political science, and philosophy. He made several important contributions to economics, particularly in the study of income distribution and in the analysis of individuals' choices, and was one of the minds behind the Lausanne School of economics. He was also responsible for popularising the use of the term elite in social analysis and contributed to elite theory. He has been described as "one of the last Renaissance scholars. Trained in physics and mathematics, he became a polymath whose genius radiated into nearly all other major fields of knowledge."

Biography source: Wikipedia

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