Pareto school

In schools, Pareto school, or ‘Paretian school’, a considered by some to be subset, spinoff, and or precipitate of the Lausanne school, refers to the school of rational mechanics and or physical-chemical sciences based social and economic thought of Italian engineer Vilfredo Pareto.

The following seems to give a retrospect overview of the Pareto school: [1]

“A complication in the history of the school of Lausanne is that Pareto was thought by a number of economists to have founded a school of his own (Schumpeter, 1954). They were inspired directly by him, so to them the ‘school of Lausanne’ meant ‘Paretian school’ rather than the Walras-Pareto school. Writers of this persuasion include: Luigi Amoroso (1921), Alfonso de Pietri-Tonelli (1927), Antonio Osorio, whose 1913 book was introduced by Pareto, and economists of the generation after Pareto.”

Italian economic historian Mario Pomini cites Italian mathematical economist Giuseppe Palomba as being the “most prolific and talented” of the Pareto school. [2]

Quotes
The following are related quotes:

“The rise of the Pareto school and its sudden decline in the years following the Second World War can be considered as one of the most significant events in the history of economic thought in Italy in the first half of the twentieth century.”
— Mario Pomini (2014), The Paretian Tradition During the Interwar Period [1]

See also
Harvard Pareto circle
Lausanne school of physical socioeconomics
Pareto principle

References
1. Walker, Donald A. (2013). An Encyclopedia of Keynesian Economics, Second Edition (editor: Thomas Cate) (§: Lausanne, School of, pg. 389). Edward Elgar Publishing.
2. Pomini, Mario. (2014). The Paretian Tradition During the Interwar Period: From Dynamics to Growth (Pareto school, pg. 1; Palomba, pg. 14). Routledge.

Further reading
● McLure, Michael. (2006). “The ‘Pareto School’ and the Giornale Degli Economisiti”, Discussion Paper, University of Western Australia.

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