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Maffeo PANTALEONI

economist

Maffeo PANTALEONI, Italian economist. Member, Italian Chamber Deputies, 1901; Senator, 1923.

Background

PANTALEONI, Maffeo was born in 1857 in Frascati, Italy.

Education

Dr Law University Rome, 1881.

Career

Italian economist who attempted to avoid being identified with any of the contemporary schools. He wrote studies of price fluctuations, discriminatory pricing, industrial cartels and banking, and sought to develop a dynamic theory of economics. In the latter he attempted a synthesis of marginal utility theory with Ricardian value theory.

His considerable involvement in quantitative work led him eventually to doubt the usefulness of utility theory in macroeconomic questions. He also rejected the work of the marginalists in public finance. Professor, various Italian univs.

Professor, University Rome, since 1901.

Achievements

  • Member, Italian Chamber Deputies, 1901. Senator, 1923.

Works