Pareto and Political Economy as a Science
Methodological Revolution and Analytical Advances in Economic Theory in the 1890s
Bibliographic Data
| ID | 10175415 |
|---|---|
| Authors | Roberto Marchionatti (University of Turin), Enrico Gambino (University of Turin) |
| Year | 1997 |
| Volume | 105 |
| Issue | 6 |
| Pages | 1322-1348 |
| Publication date | 1997-12-01 |
| Open Access | No |
| Type | ARTICLE |
| Venue | Journal of Political Economy (JOURNAL) |
| Journal identifiers | ISSN: 0022-3808 • E-ISSN: 1537-534X |
| Publisher | University of Chicago Press (PUBLISHER • US) |
| DOI | 10.1086/516395 |
| OpenAlex | W2092808126 |
| Language | EN |
| Citations received | 18 |
| References cited | 11 |
It is argued that Joseph Schumpeter's widely accepted judgment that Pareto's work is 'completely rooted in Walras's system' constitutes a misreading of Pareto. In fact, already during the period 1892-1900, Pareto traces the methodological outlines of an economic science profoundly different from that of Walras. It is maintained that his methodological contribution represents an attempt to define the conditions for political economy to be a science. In this context, Pareto examines the theoretical premises of economic theories and questions the hypotheses of perfect foresight and rationality. The ordinalist hypothesis is also shown to be a consequence of these methodological reflections. Copyright 1997 by the University of Chicago
Classical economics · Context (archaeology · Economic science · Economics · Epistemology · Futures studies · Neoclassical economics · Pareto principle · Political science · Politics · Positive economics · Rationality · Computer Science · Economic Theory and Institutions · Economic Theory and Policy · Law · Philosophy · Political Economy and Marxism
Piero Sraffa on utility and the 'subjective method' in the 1920s
The Birth of Homo Œconomicus
“Guarding the boundaries”
« On leur a appris quelque chose, elles en ont fait autre chose ». De l’apprentissage à l’appropriation des pratiques de solidarité en Casamance (Sénégal)
Is neoclassical microeconomics formally valid? An approach based on an analogy with equilibrium thermodynamics
The death and resurrection of 'economics with psychology
L’éclectisme méthodologique de Pareto
Les destins croisés du maximum d’ophélimité et du maximum d’utilité chez Pareto
Entre science et politique
Between Walras and Ricardo. Ladislaus von Bortkievicz and the origin of neo-ricardian theory
Pareto’s legacy in modern economics. The case of psychology
Théorie parétienne des élites et moment machiavélien
Before Macroeconomics
Les mathématiques comme outil ou comme révélateur
The Pillars of Economic Understanding
On the Methodological Foundations of Modern Microeconomics
Pareto and the 53 Percent Ordinal Theory of Utility
Vilfredo Pareto and the Epistemological Foundations of Choice Theory
More Heat than Light
The New Theories of Economics
The Development of Utility Theory. II
A Reconsideration of the Theory of Value. Part I
The Problem of Integrability in Utility Theory
A Reconsideration of the Theory of Value. Part II. A Mathematical Theory of Individual Demand Functions
Recent Contributions to Mathematical Economics. I
New Methods of Measuring Marginal Utility
Irving Fisher
| Citations per year | 0.69 |
|---|---|
| Citation span | 2000 - 2026 (27) |
| Highly cited | No |