Whether a theoretical system is realistic or not has been a concern in economics, particularly in monetary theory, over the past century. Following John R. Hicks' proposal that a realistic monetary theory could be constructed along an evolutionary path, starting with the workings of a real...

Introduction / Aldo Montesano and Luigino Bruni -- Pareto's methodological project / Luigino Bruni -- Pareto and contemporary economic theory / John S. Chipman -- Choice, preference and rationalizability in Pareto's theory of economic behaviour / Marco Dardi -- Walras and Pareto on the meaning...