McLure, Michael - Department of Economics, Business School - 2005
economics, but Leon Walras and Vilfredo Pareto both pursued much broader social research agendas. Walras did this within the … general framework of economics, by complementing his ‘pure economics’ with ‘social economics’. Pareto, in contrast, first … economics and the concrete economic phenomenon. He then developed a general theory of social equilibrium which, inter alia …