Pareto, Economics and Society: The Mechanical Analogy (Routledge Studies in the History of Economics)

Annotation Vilfredo Pareto was one of the great systems theorists of the twentieth century, embracing economics, psychology, sociology and politics. In this important work, Michael McLure takes as his subject of study the rapport between Pareto's economic and sociological theory, and consequently, illuminates the role of economics in public policy development Vilfredo Pareto Was One Of The Great Systems Theorists Of The Twentieth Century. His Systems Embraced Theories Of Economics, Psychology, Sociology And Politics. In This Important Work, Michael Mclure Takes As His Subject Of Study The Rapport Between Pareto's Economic And Sociological Approaches To Theory, And Consequently Illuminates The Role Of Economics In Public Policy Development. A Central Theme Of This Book Is The Overarching Role Of The 'mechanical Analogy' In All Of Pareto's Work. Important Aspects And Implications Of Pareto's Work Considered By The Author Include: Relations Between Pure Economic Theory And General Sociology; The Problem Of Collective Economic Welfare; The Juxtaposition Of Pareto's Political Sociology To Buchanan's Public Choice/constitutional Economics; Pareto And Methodology; And Implications For Public Policy And Government. Emerging From This Investigation Is A New, Multidisciplinary Research Framework For Economists, Sociologists And Political Scientists, And A 'paretian' Framework For The Study Of Government And Public Policy.--jacket. 1. Introduction -- 2. Methodology -- 3. Method: The Analytical Elements Of Pure Economics And General Sociology -- 4. Determinism, Ideology And The Mechanical Analogy -- 5. Collective Economic Welfare -- 6. Les Systemes Socialistes And Buchanan's Constitutive Elements Of Economic Policy -- 7. Rationality, Individualism And Public Policy -- 8. Government And Public Policy -- 9. Conclusion -- App. Pareto's Major Publications. Michael Mclure. Includes Bibliographical References (p. [206]-218) And Index. Book Cover......Page 1 Title......Page 4 Contents......Page 5 List of illustrations......Page 11 Foreword......Page 12 Preface......Page 15 Acknowledgements......Page 18 Introduction......Page 20 Methodology......Page 39 Method: the analytical elements of pure economics and general sociology......Page 59 Determinism, ideology and the mechanical analogy......Page 86 Collective economic welfare......Page 110 Les Systmes Socialistes and Buchanan's constitutive elements of economic policy......Page 138 Rationality, individualism and public policy......Page 158 Government and public policy......Page 174 Conclusion......Page 198 Appendix: Pareto's major publications......Page 206 Notes......Page 213 Bibliography......Page 225 Index......Page 238 The purpose of this study is to examine the relationship between Pareto's economic and sociological theory in the context of government and public policy processes. This book studies the rapport between Pareto's economic and sociological theory, and consequently illuminates the role of economics in public policy development.