GetWiki
Enrico Barone
ARTICLE SUBJECTS
being →
database →
ethics →
fiction →
history →
internet →
language →
linux →
logic →
method →
news →
policy →
purpose →
religion →
science →
software →
truth →
unix →
wiki →
ARTICLE TYPES
essay →
feed →
help →
system →
wiki →
ARTICLE ORIGINS
critical →
forked →
imported →
original →
Enrico Barone
please note:
- the content below is remote from Wikipedia
- it has been imported raw for GetWiki
{{Socialism sidebar |People}}(File:Enrico Barone.JPG|thumb|Enrico Barone)Enrico Barone ({{IPA-it|baËroËne|lang}}; 22 December 1859, Naples, Kingdom of the Two Sicilies â 14 May 1924, Rome, Italy) was a soldier, military historian, and an economist.- the content below is remote from Wikipedia
- it has been imported raw for GetWiki
Biography
Barone studied the classics and mathematics before becoming an army officer. He taught military history for eight years from 1894 at the Officers' Training School.{{where|date=March 2016}} There he wrote a series of influential historical military works. In these he employed a method of successive approximations to which his study in economics had introduced him. In 1902, he became head of the historical office of the General Staff. He resigned his commission in 1906.From 1894 he collaborated with Maffeo Pantaleoni and Vilfredo Pareto in the Giornale degli Economisti.F. Caffé, (The New Palgrave: A Dictionary of Economics|[1987)] 2008. "Barone, Enrico," The New Palgrave Dictionary of Economics, 2nd Edition. Related links.Michael McLure, 2006. "The 'Pareto School' and the Giornale Degli Economisiti," HETSA Conference, History of Economic Thought Society of Australia, 4â7 July.Impact
He was the first to state conditions under which a competitive market would be Pareto efficient.William D. Nordhaus, 1992. "The Ecology of Markets," Proceedings of the National Academy of Sciences of the United States of America, 89(3), Feb. 1, p. 845. [Pp. 843â850. {{webarchive|url=https://web.archive.org/web/20070720184057weblink |date=2007-07-20 }} He introduced variable factor proportions into neoclassical economics, contributing to the marginal-productivity theory of factor-income distribution. He extended conditions of general equilibrium in Walrasian theory, suggesting the feasibility of trial-and-error movement to market equilibrium. He pioneered the economic theory of index numbers. His contributions were made without use of utility or even indifference curves.Paul A. Samuelson, 1947, Enlarged ed. 1983, Foundations of Economic Analysis, pp. 213â18.(File:Barone - Principi di economia finanziaria, 1937 - 5779302.tif |thumb|Principi di economia finanziaria, 1937|left)Barone has been described as a "founder of the pure theory of a socialist economy." In 1908, he presented a mathematical model for a socialist economy under which certain relations, later identified with shadow prices, must be satisfied for "maximum collective welfare."⢠Enrico Barone, 1908."Il Ministro della Produzione nello Stato Collettivista", Giornale degli Economisti, Sept./Oct., 2, pp. 267â93, 392â414, trans. as "The Ministry of Production in the Collectivist State," in F. A. Hayek, ed. (1935), Collectivist Economic Planning, pp. 245â90, reprinted in R. Marchionatti, ed. (2004), Early Mathematical Economics, 1871â1915: The Establishment of the Mathematical Method in Economics, v. IV, Taylor & Francis, pp. 227â63 (bigger preview). ⢠Enrico Barone, Il ministro della produzione nello stato collettivista (1908) Passages from the Italian original text. The latter corresponds to least-cost-price of production from Pareto efficiency reached in competitive equilibrium. He stressed that such a result could not be arrived at a priori but only by experimentation on a large scale with great demands on data collection, even assuming unchanging productive conditions. In this, he suggested that movement toward economic efficiency in a socialist economy was not inconceivable, outlining two types of socialism: a centralized and decentralized model. For such regimes, whatever the distribution rule for output and income adopted by the Ministry of Production, the same economic categories would reappear for prices, salaries, interest, rent, profits, saving, etc., though perhaps with different names. His analysis and the Austrian School economists' responses, fueled discussion of the economic calculation problem and market socialism in the 1930s. His method also anticipated Abram Bergson's seminal formulation of a social welfare function three decades later.Notes
{{reflist|1}}References
- Richard E. Ericson, "Enrico Barone", Gale Encyclopedia of Russian History
- Enrico Barone, 1859â1924, at The History of Economic Thought Website.
- content above as imported from Wikipedia
- "Enrico Barone" does not exist on GetWiki (yet)
- time: 6:01pm EDT - Wed, May 01 2024
- "Enrico Barone" does not exist on GetWiki (yet)
- time: 6:01pm EDT - Wed, May 01 2024
[ this remote article is provided by Wikipedia ]
LATEST EDITS [ see all ]
GETWIKI 23 MAY 2022
The Illusion of Choice
Culture
Culture
GETWIKI 09 JUL 2019
Eastern Philosophy
History of Philosophy
History of Philosophy
GETWIKI 09 MAY 2016
GetMeta:About
GetWiki
GetWiki
GETWIKI 18 OCT 2015
M.R.M. Parrott
Biographies
Biographies
GETWIKI 20 AUG 2014
GetMeta:News
GetWiki
GetWiki
© 2024 M.R.M. PARROTT | ALL RIGHTS RESERVED