Vilfredo Pareto

Economist and sociologist, Pareto Principle

Vilfredo Pareto - Economist and sociologist, Pareto Principle
Born

July 15th, 1848
176 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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