Manual of Political Economy: A Variorum Translation and Critical Edition

Hardcover | June 1, 2014

byVilfredo Pareto

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Vilfredo Pareto's Manual of Political Economy is a "classic" study in the history of economic thought for many reasons, the most noteworthy of which include the setting of general equilibrium economics within a choice theoretic framework based on the opposition between tastes and obstacles;the definitive formulation of economic efficiency, including the surplus approach to collective welfare; the technically flawed but nonetheless insightful treatment of path dependence in consumer theory; and the introduction of non-competitive market analysis to the general equilibrium economics. Inso doing, Pareto's general study of economic equilibrium not only substantially extended the contributions to economic theory made by Leon Walras, his predecessor in the Chair of Political Economy at the University of Lausanne, it did so in a manner that was often contrary to Walras's own thinkingon the formalisation of economic theory. This English language "critical edition" of Pareto's Manual of Political Economy - a revised and extended translation of the "Edizione critica" published in Italian in 2006 - is a very significant book for two main reasons. First, it is the only variorum translation of the Italian language Manualedi Economia Politica, originally published in 1906, and the subsequent French language Manuel d'Economie Politique, originally published in 1909. Second, it includes extensive contributions from the editors including annotations, to clarify particular points in Pareto's text; editors' notes, tocritically reflect on major themes in Pareto's text and to draw attention to the historical influences that led to their development and their anticipation of, or influence on, subsequent ideas that emerged in economics; and notes to the 1909 mathematical appendix, to highlight the mix of insightand imperfection in Pareto's mathematical economics.

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Vilfredo Pareto's Manual of Political Economy is a "classic" study in the history of economic thought for many reasons, the most noteworthy of which include the setting of general equilibrium economics within a choice theoretic framework based on the opposition between tastes and obstacles;the definitive formulation of economic efficie...

Aldo Montesano is Professor Emeritus of Economics at the Bocconi University of Milan, Italy. From 1983 to 2008 he was editor of the International Review of Economics (formerly RISEC, Rivista Internazionale di Scienze Economiche e Commerciali). He is fellow of the Accademia Nazionale dei Lincei and of Istituto Lombardo Accademia di Sci...

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Format:HardcoverDimensions:656 pages, 9.69 × 6.73 × 0.1 inPublished:June 1, 2014Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199607958

ISBN - 13:9780199607952

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Table of Contents

Introductory Editorial MaterialsForeword to the English TranslationForeword to the 2006 Italian EditionEditors' Introductory NoteManual of Political Economy: A Variorum TranslationPreface1. General principles2. Introduction to social science3. The general concept of economic equilibrium4. Tastes5. Obstacles6. Economic equilibrium7. Population8. Landed capital and capital goods proper9. The concrete economic phenomenonAppendix (1906)Appendix (1909)Index of SubjectsIndex of Authors NamesDetailed Editorial MaterialsAnnotations by J.S. ChipmanAnnotations from the 2006 Italian EditionEditors' NotesNotes to the French AppendixIndex of Names Cited by the Editors