Beard of Action: Vilfredo Federico Damaso Pareto

Vilfredo_Pareto

“In any given social distribution, it is invariably 20% of the beards that grow 80% of the whiskers.”

Italian engineer, economist, and philosopher, Vilfredo Pareto, has outlived the amnesic annals of history in eponymous fashion, being most often associated with the widely accepted and applied concepts of Pareto efficiency and Pareto distribution.  These contributions helped to evolve the study of economics from its rational philosophy roots into an empirically researched science, thus propelling social engineering of the early 20th century.  Despite the somewhat bleak nature of the power law Pareto discovered (and subsequent political use of it), we hereby name him a pioneering and analytic Beard of Action.

Leave a comment

Filed under Beards of Action

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s