“When it is useful to them, men can believe a theory of which they know nothing more than its name.”- Vilfredo Pareto.
Vilfredo Federico Damaso Pareto was born on July 15, 1848, in Paris, France. He was an engineer by profession, but economist and philosopher by passion. His contributions in the field of economics are very profound. He coined the term ‘elite’, by using it in his social analysis.
Biography:
Pareto’s father- Raffaele Pareto was a civil engineers and herd from Italy. His mother, Marie Metenier was French. Pareto’s father was an Italian nationalist and was very enthusiastic about the 1848 German Revolution.
Vilfredo Pareto received his PhD in Civil Engineering from Polytechnic University of Turin. His research focus was on “The Fundamental Principles of Equilibrium in Solid Bodies”. During his early days, Pareto worked for a Government Italian Railway Company, and later started his own industry. Having seen the government and private industries very closely, he became Liberal. Pareto started publicly endorsing the free market policy. In his forties, Pareto started his wo...
In the early 1930’s, the Dominican Republic elected a new president by the name of Rafael Trujillo. Rafael Trujillo was a ruthless and selfish dictator even before he won the election. To win the election, he used his connections to kill supporters of the opposing candidates. Rafael Trujillo used his powers to oppress and murder masses of people (2 ”Rafael Trujillo”). Even though he was initially seen as a beneficial leader, Rafael Trujillo was proven to be an evil dictator.
Antonio Sousa was his dad. He was originally from Spain, even though his parents were Portugese in origin. His mom, Maria Elisabeth
Mexico, once home to ancient cultures like the Maya and Aztec which ruled vast territory expanding from present day South America all the way up north to present day western United States now reduced to roughly half its size. The cause of this dramatic loss of land was contributed to the expansion of the United States and secession of southern provinces, now Central America. The loss of land not only affected Mexico’s presence of power but also affected hundreds of thousands of native people. This was just the beginning of what would come to be known as the land struggle and the fight for land grants, something the United States government would not acknowledge nor recognize.
Any hypothesis, Gould says, begins with the collection of facts. In this early stage of a theory development bad science leads nowhere, since it contains either little or contradicting evidence. On the other hand, Gould suggests, testable proposals are accepted temporarily, furthermore, new collected facts confirm a hypothesis. That is how good science works. It is self-correcting and self-developing with the flow of time: new information improves a good theory and makes it more precise. Finally, good hypotheses create logical relations to other subjects and contribute to their expansion.
. . . the truths whose discovery has cost the most effort, which at first could be grasped only by men capable of profound thought, are soon carried further and proved by methods that are no longer beyond the reach of ordinary intelligence. (Condorcet)
In the early 1900’s, one man bested the rival troops and used his intelligence to defeat the oppressive Mexican regime. Doroteo Arango Arámbula, also known as Pancho Villa, was born into a poor family and worked in the fields. Pancho Villa escalated from a peasant outlaw into a well-known revolutionary war strategist and folk hero. Pancho Villa could easily outsmart troops and use his popularity to help his cause for equality. His actions could not atone for any previous transgressions in his life of crime, but his tactics as a revolutionary war commander made him almost unstoppable when it came to fighting for equality. Pancho Villa was an important factor in the Mexican Revolution and its beginnings. He was one of the first revolutionaries to fight against the Mexican government, and successfully evaded and won fights against the United States government. His greatest achievement was the amount of influence he delivered the poor, and empowered them to fight for their rights.
Hayek, F.A. Individualism and Economic Order. The University of Chicago Press. Chicago and London. 1948.
His father, Lorenzo, was involved in a revolt against the Spanish viceroy in Naples, Italy, and was forced to seek political asylum in Francearound the time of Henri's birth.
that it "it is wrong always, everywhere, and for anyone, to believe anything upon insufficient
I, Erin Clark, am writing this letter in support of Antonio Yanez. I understand he has been accused of Burglary, Armed robbery- with a deadly weapon, and Kidnapping. I have know Antonio for more than half of my life. We have been like family since we were children. My mother and his mother have been best friends for more than two decades. So as you can imagine I have come to know him very well. One thing I can GUARANTEE is he is not ruthless, villainous, wicked, unprincipled, heinous, immoral or perverse. Therefore, I find these accusations ambiguous and dubitable.
Benito Mussolini was born in 1883 in Predappio in Romagna. His father, although usually unemployed, engaged heavily in the left-wing politics commonly associated with this area. which infl...
What we assume is knowledge in society is only what we have been told or been persuaded to believe by other high powers and dominant economical, intellectual or even political positions. For example, what proof do we have that the earth is round? We might not have actually seen it for ourselves or figured it out on our own, but it is what we have been taught to believe. “This idea simplifies what the earth actually is, and that such statements trick us into thinking that we truly understand that Earth’s shape, when really, there are many place...
During our class discussion, we talked about one of the readings that were assigned that week. The reading was Letter to Madame Christina of Lorraine by Galileo. We were split into groups of four and we had to discuss part of the reading that we thought was interesting. Our group decided to pick the second paragraph, because it shows how if one is close minded and stuck in their beliefs, it would be very difficult to convince them that anything other than their beliefs are right, even if there is sustainable evidence to say otherwise. In this paragraph, it explained how there are two types of people. One who has the background and accepts the new claims and those who has the background but does not accept it. Basically, people who are pliable
...such as Albert Einstein. “Two things are infinite,” the sardonic prophet once said, “the universe and human stupidity; and I’m not sure about the universe.”
It is hard to prove that something is ‘true’ in Economics, since in Economics mostly words are used instead of pure facts. In Natural Sciences it is the contrary. Proving something as ‘true’ and as knowledge is very straight forward in natural sciences. Therefore I believe that the statement “That which is accepted as knowledge today is sometimes discarded tomorrow” applies more to the natural sciences then to the Human Sciences such as Economics.