Vilfredo Pareto
Economist and sociologist, Pareto Principle
Born
July 15th, 1848
177 years ago
Died
August 19th, 1923
101 years ago — 75 years old
Category
Thinkers & Philosophers
Country
Italy
Links & References
An Italian economist and sociologist contributed significantly to economic theory and sociology. Developed the Pareto Principle, which highlights the unequal distribution of wealth in society. Conducted research in the fields of income distribution, social stratification, and governance. Emphasized the importance of empirical observation and statistical analysis in social science research.
Formulated the Pareto Principle (80/20 rule)
Published 'Manual of Political Economy'
Contributed to the theory of income distribution
Influenced the field of welfare economics
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