One prominent person rarely associated by scholars with the Bastiat-Ferrara laissez-faire school was the eminent sociologist and economic theorist, Vilfredo Federico Damaso Pareto (1848-1923). Pareto was born in Paris into a noble Genoan family.
Austerity policies have their roots in efforts by economic elites to crush working-class power after WWI and redistribute income upward. To reverse austerity, democratic control over economic policymaking is essential.
Vilfredo Pareto and the roots of political theory bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.
MILAN Many political disputes in recent years have been framed as battles between economic rationality and eruptions of irrationality that we label populism. But cognitive psychologists and economists would point out that political irrationality is hardly confined to populist insurgents. As a general matter, most political leaders are focused on practical matters and do not