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"Vilfredo Pareto was one of the great systems theorists of the twentieth century. His systems embraced theories of economics, psychology, sociology and politics. In this important work, Michael McLure takes as his subject of study the rapport between Pareto's economic and sociological approaches to theory, and consequently illuminates the role of economics in public policy development." "A central theme of this book is the overarching role of the 'mechanical analogy' in all of Pareto's work. Important aspects and implications of Pareto's work considered by the author include: relations between pure economic theory and general sociology; the problem of collective economic welfare; the juxtaposition of Pareto's political sociology to Buchanan's public choice/constitutional economics; pareto and methodology; and implications for public policy and government." "Emerging from this investigation is a new, multidisciplinary research framework for economists, sociologists and political scientists, and a 'Paretian' framework for the study of government and public policy."--Jacket.
This book investigates the foundational role of the mechanical analogy in Vilfredo Pareto's multidisciplinary theoretical framework. Michael McLure, an expert in the history of economic thought, examines how Pareto integrated economics, sociology, and political theory into a unified system. By analyzing the intersection of these fields, the author argues that Pareto's methodology provides a robust, albeit complex, model for evaluating public policy and government action.
What You Will Find
Scholars in the history of economic thought identify this work as a rigorous examination of Pareto's intellectual legacy. Readers frequently note the academic density of the prose, which is intended for researchers and advanced students of political economy.
Page Count:
240
Publication Date:
2002-01-01
Publisher:
Taylor & Francis Group
ISBN-10:
0203470761
ISBN-13:
9780203470763
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