Theory of Residues

by Vilfredo Pareto, Arthur Livingston (Editor)

1935. Other volumes in this set include ISBN number(s): 0766151476, 0766151492, 0766151506. Volume 2 of 4. Theory of Residues. This work is a translation of Pareto's Trattato di Sociologia Generale. Religion, politics, history, morals, philosophy, science, individual psychology, group psychology, logic, sentiment, thought, art - in a word the whole complex of relations between the individual and the group to which he belongs, the whole problem of the relations of the human mind to the society in which it is laced, the whole question of the relation of the ideal and the practical, are dealt with in this work in a manner that is altogether novel, and conclusions are reached that challenge all faiths, convictions, beliefs, and force the reader to a new orientation of his whole intellectual life.

396 pages, Paperback

First published July 23, 2003

About the author

Vilfredo Federico Damaso Pareto, born Wilfried Fritz Pareto, was an Italian engineer, sociologist, economist, political scientist and philosopher. He made several important contributions to economics, particularly in the study of income distribution and in the analysis of individuals' choices.

He introduced the concept of Pareto efficiency and helped develop the field of microeconomics. He also was the first to discover that income follows a Pareto distribution, which is a power law probability distribution. The Pareto principle was named after him and built on observations of his such as that 80% of the land in Italy was owned by 20% of the population. He also contributed to the fields of sociology and mathematics.