Maffeo Pantaleoni

{{Short description|Italian economist (1857–1924)}} {{Use dmy dates|date=October 2024}} {{infobox economist |image = Maffeo Pantaleoni.gif |birth_place = Frascati, Papal States |birth_date = 2 July 1857 |death_place = Milan, Kingdom of Italy |death_date = {{death date and age|df=y|1924|10|29|1857|7|2}} |influences = {{hlist|David Ricardo|Léon Walras}} |notable_students = {{hlist|Antonio de Viti de Marco|Vilfredo Pareto}} |school_tradition = Neoclassical economics }} '''Maffeo Pantaleoni''' ({{IPA|it|mafˌfɛːo pantaleˈoːni|lang}}; 2 July 1857{{spaced ndash}} 29 October 1924) was an Italian economist.<ref>{{Cite web |date=1998 |title=Maffeo Pantaleoni: At the Origin of the Italian School of Economics and Finance |url=https://eh.net/book_reviews/maffeo-pantaleoni-at-the-origin-of-the-italian-school-of-economics-and-finance/ |website=EH.net |language=en-US}}</ref> Born in Frascati, at first he was a notable proponent of neoclassical economics. Later in his life, before and during World War I, he became an ardent Italian nationalist and syndicalist, with close ties to the Italian fascism movement.<ref>{{Cite book |last=Michelini |first=Luca |title=Alle origini dell'antisemitismo nazional-fascista Maffeo Pantaleoni e "La Vita italiana" di Giovanni Preziosi (1915-1924) |url=https://www.marsilioeditori.it/component/marsilio/scheda-libro/3170736/alle-origini-dell-antisemitismo-nazional-fascista |access-date=2023-04-05 |website=www.marsilioeditori.it |year=2011 |publisher=Marsilio Editori S.p.A. |place=Venezia |language=Italian |isbn=978-88-317-0736-7}}</ref> He was Minister of Finance in the Carnaro government of Gabriele D'Annunzio at Fiume, which lasted for fifteen months between 1919 and 1920. Shortly before his death in Milan, he was elected to the Italian Senate.

==Work== Pantaleoni was a major contributor to the Italian school of economics known as La Scienza delle Finanze. His book ''Teoria della Traslazione dei Tributi'' (''Theory of Tax Shifting'') is a pioneering study of tax incidence. According to Nobel Prize winner James M. Buchanan, Pantaleoni and his followers (such as Antonio de Viti de Marco and Vilfredo Pareto) can be considered the intellectual forefathers of the modern public choice theory.<ref>{{cite encyclopedia |last=Buchanan |first= James |author-link= James M. Buchanan| editor-first=Ronald |editor-last=Hamowy |editor-link=Ronald Hamowy |encyclopedia=The Encyclopedia of Libertarianism |title= Italian Economic Theorists |url= https://books.google.com/books?id=yxNgXs3TkJYC |year=2008 |publisher= SAGE; Cato Institute |location= Thousand Oaks, CA |doi= 10.4135/9781412965811.n156|isbn= 978-1-4129-6580-4 |oclc=750831024| lccn = 2008009151 |pages= 258–60 |quote=|url-access= subscription }}</ref>

==Family== Maffeo's great-grandniece is American actress Téa Leoni.

==Bibliography (selection)== [[File:Pantaleoni - Erotemi di economia, 1925 - 5688130.tif|thumb|''Erotemi di economia'', 1925]] * ''Teoria della traslazione dei tributi'', 1882. * ''Contributions to the Theory of the Distribution of Public Expenditure'', 1883. * ''Dell'ammontare probabile della ricchezza privata in Italia'', 1884. * {{cite book |title= Pure Economics |translator= T. Boston Bruce |year= 1898 |place= London |publisher= Macmillan & Co., Limited |url= https://archive.org/details/pureeconomics00pantuoft/page/n7/mode/2up?view=theater |via= Internet Archive}} {{ISBN|1444606816}}. {{ISBN|9781444606812}} * ''A proposito di Luigi Cossa e della sua "Histoire des Doctrines économiques"'', 1898, GdE. * ''Dei criteri che devono informare la storia delle dottrine economiche'', 1898, GdE. * ''An attempt to analyze the concepts of "Strong" and "Weak" in their economic connexion'', 1898, EJ. * ''Una visione cinematografica del progresso della scienza economica, 1870–1907'', 1907, GdE. * ''Note in Margine della Guerra'', 1917. * ''Politica'', 1918. * ''Erotemi di Economica'', 1925.

==Further reading== * Moore, Henry Ludwell (1926). "Pantaleoni's Problem in the Oscillation of Prices". ''The Quarterly Journal of Economics''. '''40''' (4): 586–596.

==References== {{reflist}}

==External links== * [https://web.archive.org/web/20120414143209/http://homepage.newschool.edu/~het/profiles/pantaleoni.htm Maffeo Pantaleoni at the New School] {{Authority control}}

{{DEFAULTSORT:Pantaleoni, Maffeo}} Category:1857 births Category:1924 deaths Category:People from Frascati Category:Italian politicians Category:Historians of economic thought Category:19th-century Italian economists Category:20th-century Italian economists Category:19th-century Italian male writers Category:20th-century Italian male writers Category:Writers from Lazio Category:Giornale degli economisti e annali di economia editors