Vilfredo Pareto Quotes


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Harding, not the most historically knowledgeable of American Presidents, had forgotten the revolutionary origin of the United States or its drastically experimental nature. It was the fear of Communism and the Russian Revolution that gave revolution a bad name at the 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.