Considerations on the fundamental principles of pure political economy / Vilfredo Pareto ; edited by Roberto Marchionatti and Fiorenzo Mornati.

Format:

Book

Author/Creator:

Pareto, Vilfredo, 1848-1923.

Contributor:

Marchionatti, Roberto, 1950-

Mornati, Fiorenzo.

Series:

Routledge studies in the history of economics ; 87.

Routledge studies in the history of economics ; 87

Language:

English

Italian

Subjects (All):

Economics.

Economics, Mathematical.

Physical Description:

xxix, 161 pages : illustrations ; 24 cm.

Place of Publication:

London ; New York : Routledge, 2007.

Language Note:

Translated from the Italian.

Summary:

Between May 1892 and October 1893 the Giornale degli Economisti published Vilfredo Paretos Considerazioni sui principi fondamentali delleconomia politica pura in five parts. Viewed in its entirety, the outcome is essentially a classic monograph on the fundamental issues in pure economic theory in the Lausanne tradition.Pareto's work forms a document of major historical significance which, to date, has only been unavailable to the relatively small number of international economists and historians of economics who read Italian. This first English language edition is a significant landmark in the history of economics.

Contents:

Value

The economics of the individual

Fundamental theorem of the transformation of any given number of goods

Final degree of utility of instrumental goods

Cases where the final degree of utility of money is approximately constant

Relationship between the final degree of utility of money and the prosperity of a people

The variety of human needs

Discontinuity of the phenomenon

Final degree of utility of instrumental goods of various orders

Supply and demand

Law of the variation of supply and demand

Law of supply and demand assuming that the final degree of utility of an economic good decreases when the quantity of the latter increases

Determination of the final degree of utility when the laws of demand and supply are known

Need for new phenomena to be considered

Numerical calculation of the final degrees of utility

Usefulness of measuring the final degrees of utility

Necessary qualities that restrict the laws of demand

Fungible economic goods

Average final degrees of utility for more than one person

Total utility

Fundamental property of final degrees of utility

Daniel Bernoulli's theorem

Final degree of utility of money

Most general form of the final degrees of utility

Some examples of total utility

Final degrees of utility corresponding to particular laws of supply and demand.

Notes:

Includes bibliographical references and index.

ISBN:

9780415399197

041539919X

OCLC:

71842606