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Vilfredo Pareto

Classic Essays

ONE OF THE CENTRAL problems of the ability theory of personal income distribution has been that income has been found empirically to be distributed according to Pareto’s law, N = Ax-B where N is the number of persons receiving x income or more. A and B are constants, the latter being about 1.5 and…
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by James Alexander ITALIAN CONTRIBUTIONS to political and social thought are singularly impressive and, in fact, few nations are as favored with a tradition as long and as rich. One need only mention names such as Dante, Machiavelli, and Vico to appreciate the importance of Italy in this respect. In…
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