Vilfredo Pareto and the Birth of Modern Microeconomics

Author:   Luigino Bruni
Publisher:   Edward Elgar Publishing Ltd
ISBN:  

9781840645323


Pages:   176
Publication Date:   28 May 2002
Format:   Hardback
Availability:   To order   Availability explained
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Vilfredo Pareto and the Birth of Modern Microeconomics


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Overview

"There has been a resurgence of interest in the work of Vilfredo Pareto, one of the founders of modern economics. This text reconstructs the genesis and significance of Pareto's ""theory of choice"" which is Pareto's greatest contribution to economic science and which was used by John Hicks, amongst others, to develop microeconomics. Hicks, Allen, Samuelson and others acknowledged Pareto as the father of the new ordinalist microeconomists but at the same time, portrayed him as confused and contradictory, caught between the old and the new paradigms. Luigino Bruni argues that Pareto's revolution in choice theory is better understood in the context of his own philosophical framework. This framework is revealed by reconstructing his dialogues with economists and philosophers, and by exploring Pareto's economic theory in the light of his philosophy of science. In addition, Bruni agrues that Pareto's contribution was different and more complex than Hick's ordinalism and Samuelson's operationalism. From this analysis emerges an image of Pareto as a man whose ideas and work was only partially fulfilled."

Full Product Details

Author:   Luigino Bruni
Publisher:   Edward Elgar Publishing Ltd
Imprint:   Edward Elgar Publishing Ltd
Dimensions:   Width: 15.60cm , Height: 1.90cm , Length: 23.40cm
Weight:   0.390kg
ISBN:  

9781840645323


ISBN 10:   1840645326
Pages:   176
Publication Date:   28 May 2002
Audience:   College/higher education ,  Undergraduate ,  Postgraduate, Research & Scholarly
Format:   Hardback
Publisher's Status:   Active
Availability:   To order   Availability explained
Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us.

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Reviews

'Given Pareto's powerful influence on modern economic theory and method, one hopes that the present growth phase in Pareto scholarship will continue. Bruni's book should help to keep Pareto scholarship on the upswing: It is sufficiently informative that most readers will come away from it with a better understanding of Pareto and his work... this book has much else to recommend it. Since it discusses both the early development of choice theory, one of the cornerstones of modern economics, and early contributions to economic methodology, it should be of interest not only to economists in general and to historians of economics in particular, but also to members of the broader philosophy of science community.' -- Christian E. Weber, Journal of the History of Economic Thought


Author Information

Luigino Bruni, Professor of Political Economy, Department of Law, Economics, Politics and Modern languages, LUMSA University, Italy

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