[German Version]

( Jul 15, 1848, Paris – Aug 19, 1923, Céligny near Geneva), economist and sociologist, son of a French mother and an Italian father. Pareto had a brilliant understanding of how to bring sociological insights into economics, and ideas from economics into sociology, and how to apply notions from each within the other discipline. In addition, following L. Walras, he further developed economics as a general theory of balance, becoming one of the founders of its current mathematical basis. In 1893 he also followed Walra…