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Experimental Economics and the History of Economics

In: The Paretian School and Italian Fiscal Sociology

Author

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  • Michael McLure

Abstract

In ‘Economia sperimentale’ (Pareto 1918a [1980]), Pareto’s very important and final article published in the Giornale degli Economisti, attention is given to the meaning of experimental economics. It is an important article because of it’s differentiation between the economic and sociological parts of economic phenomena, and the suggestion that the history of economics is an aspect of experimental economics when the sociological part dominates. In relation to the latter point, Pareto provides a clear and unequivocal reflection on the relevance of the history of economic thought for the analysis of sociological influences on economic phenomena.

Suggested Citation

  • Michael McLure, 2007. "Experimental Economics and the History of Economics," Palgrave Macmillan Books, in: The Paretian School and Italian Fiscal Sociology, chapter 5, pages 85-98, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-59626-9_5
    DOI: 10.1057/9780230596269_5
    as

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