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Pareto on International Trade Theory and Policy

Published online by Cambridge University Press:  11 June 2009

Andrea Maneschi
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Extract

Although in the past some of the best-known trade specialists have lavished praise on Vilfredo Pareto's theory of international trade, this aspect of his writings has been neglected for many years. Pareto's name figures in trade-theoretic articles only combined with the word “optimum,” as if the concept of a “Pareto optimum” constituted the beall and end-all of Pareto's contribution. This parallels Pareto's fame as a general economic theorist, of which it has recently been said that “it is disappointing that this reputation should be constructed on the basis of such a small part of his work” (Kirman 1986, p. 808).

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Articles
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Journal of the History of Economic Thought , Volume 15 , Issue 2 , Fall 1993 , pp. 210 - 228
Copyright
Copyright © Cambridge University Press 1993

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References

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