Vilfredo Pareto Quotes


A sign which almost invariably presages the decadence of an aristocracy is the intrusion of humanitarian feelings and of affected sentimentalizing which render the aristocracy incapable of defending its position.


Citations

Vilfredo Pareto, 1848-1923, Italian sociologist, economist and philosopher, Les Systemes Socialistes, 1902

Sourced by: Eigen's Political and Historical Quotations

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The United States money was then on the Gold Standard. The country was growing and needed more money in circulation. But most of the gold that might be available was in England and English bankers could control much of the U. S. economy. The Populists and the Democrats wanted us to use silver to back U. S. money as there was plenty of silver in the United States. The Republicans would not relent and depression was upon the country. A half century later, it would be Republican President Richard M. Nixon, who took the United States off the gold standard. Lease was far ahead of her time.


Vilfredo Pareto
Vilfredo Pareto
  • Born: July 15, 1848
  • Died: August 19, 1923
  • Nationality: Italian
  • Profession: Economist

Vilfredo Federico Damaso Pareto was an Italian civil engineer, sociologist, economist, political scientist, and philosopher. He made several important contributions to economics, particularly in the study of income distribution and in the analysis of individuals' choices. He was also responsible for popularising the use of the term "elite" in social analysis.