“The diverse natures of men, combined with the necessity to satisfy in some manner the sentiment which desires them to be equal, has had the result that in the democracies they have endeavored to provide the appearance of power in the people and the reality of power in an elite.”
Quote by Vilfredo Pareto
Work
Manual of political economy
This book delves into the foundational theories and concepts of political economy, examining the interplay between economic policies and social structures. It covers a range of topics including market dynamics, government intervention, and the historical development of economic thought. more
Author
Vilfredo Pareto
Italian economist known for his theories on economic efficiency and income distribution. Pareto is famous for his 80/20 rule, which states that 80% of the results come from 20% of the causes. His theories have had a profound impact on economics, sociology, and political science. more
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Source: Manual of political economy
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