Vilfredo Pareto's Manual of Political Economy is a 'classic' study in
the history of economic thought for many reasons, the most noteworthy
of which include the setting of general equilibrium economics within a
choice theoretic framework based on the opposition between tastes and
obstacles; the definitive formulation of economic efficiency,
including the surplus approach to collective welfare; the technically
flawed but nonetheless insightful treatment of path dependence in
consumer theory; and the introduction of non-competitive market
analysis to the general equilibrium economics. In so doing, Pareto's
general study of economic equilibrium not only substantially extended
the contributions to economic theory made by Léon Walras, his
predecessor in the Chair of Political Economy at the University of
Lausanne, it did so in a manner that was often contrary to Walras's
own thinking on the formalisation of economic theory. This English
language 'critical edition' of Pareto's Manual of Political Economy -
a revised and extended translation of the 'Edizione critica' published
in Italian in 2006 - is a very significant book for two main reasons.
First, it is the only variorum translation of the Italian language
Manuale di Economia Politica, originally published in 1906, and the
subsequent French language Manuel d'Économie Politique, originally
published in 1909. Second, it includes extensive contributions from
the editors including annotations, to clarify particular points in
Pareto's text; editors' notes, to critically reflect on major themes
in Pareto's text and to draw attention to the historical influences
that led to their development and their anticipation of, or influence
on, subsequent ideas that emerged in economics; and notes to the 1909
mathematical appendix, to highlight the mix of insight and
imperfection in Pareto's mathematical economics.
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A Critical and Variorum Edition
Produktdetaljer
ISBN
9780191650635
Publisert
2020
Utgiver
Oxford University Press Academic UK
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter