Vilfredo Pareto  

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Train wreck at Montparnasse (October 22, 1895) by Studio Lévy and Sons.
Train wreck at Montparnasse (October 22, 1895) by Studio Lévy and Sons.

Vilfredo Federico Damaso Pareto (July 15, 1848August 19, 1923), or Fritz Wilfried Pareto, was an Italian sociologist, economist, and philosopher. He made several important contributions, particularly in the study of income distribution and in the analysis of individuals' choices. He introduced the concept of Pareto efficiency and helped develop the field of microeconomics.


  • In his Trattato di Sociologia Generale (1916, rev. French trans. 1917) published in English under the title The Mind and Society (1935), he put forward the first social cycle theory in sociology.
  • He is famous for saying "history is a graveyard of aristocracies".
  • A great deal of Talcott Parsons' theory of society is based on Pareto's works. Parsons aimed at a sociology canon made of Durkheim, Weber, and Pareto.

See also

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