This man repudiated the Walrasian school after he published a work critical of the marginal productivity theory of distribution.
This man repudiated the Walrasian school after he published a work critical of the marginal productivity theory of distribution. In his magnum opus, he argued that actions are based on illogical decisions called "residues" and are justified by "derivations." In additio to writing Cours d'economie politique and Mind and Society, his collaborative work with Francis Edgeworth resulted in the indifference curve, and he is also the namesake of a distribution, which leads to the conclusion that 80% of the outcome can be attributed to 20% of the causes. For 10 points, identify this economist, who also names a condition where no person can be made better of without making anybody worse off.
This man repudiated the Walrasian school after he published a work critical of the marginal productivity theory of distribution.
Vilfredo Pareto