Origin
Vilfredo Pareto was an Italian economist and sociologist. In 1896 he observed that roughly 80% of Italy’s land belonged to 20% of its people; management thinker Joseph Juran later generalized the pattern as the 80/20 rule and named it for Pareto.
Pareto trained as an engineer and directed Italian railways before turning to economics at the University of Lausanne. His broader work on elite circulation influenced sociology for a century; the 80/20 shorthand came from quality-management pioneer Joseph Juran, who called it ‘the vital few and the trivial many.’
The Principle
A small share of causes produces most of the effect. The exact ratio isn’t sacred — 70/30, 90/10 — but the imbalance is. In product, design, and engineering, finding the high-leverage minority is where the work pays for itself.