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| | G u r u s o n l i n e - E n g l i s h |
 | | Vilfredo Pareto, italian economist and sociologist, was one of the leaders of the so-called Lausanne School, founded by León Walras in the XIX century. |
 | | Before Pareto changed political direction (towards non-democratic ideas of Sorel and Mussolini type), in his Cours d'Économie Politique, published in 1896 and 1897, presented an exposition of the so-called Pareto's Law of income distribution. |
 | | In the case of the Pareto distribution, we were looking, with Marc Mezard, for the simplest model of economy where agents exchange goods and speculate, and found an equation exactly identical to one that we had already studied in physics, that leads to a Pareto equilibrium distribution of wealth. |
| www.gurusonline.tv /uk/conteudos/bouchaud.asp (1629 words) |
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