Leon Walras

Walras, Léon

Léon Walras, 1834–1910, French economist. After abandoning his studies in mining engineering, he became a free-lance journalist, advancing the causes of economic and social reform. He later became a professor of political economy at the Univ. of Lausanne (1870–1892). One of the most influential of economists, Walras advanced several theories that served as the foundation of modern economic analysis. He is widely regarded as the founder of the theory of general economic equilibrium, mathematical economics, the concept of "imperfect competition," and the marginal utility theory. A prolific and creative writer, Walras's work also extended to such themes as managed currency, production, credit, and capital formation.

See his correspondence, ed. by W. Jaffé (3 vol., 1965), and Elements of Pure Economics (tr., 1984). See also D. A. Walker, ed., William Jaffe's Essays on Walras (1983).

The Columbia Encyclopedia, 6th ed. Copyright© 2014, The Columbia University Press.

Leon Walras: Selected full-text books and articles

The Evolutionist Economics of Leon Walras
Albert Jolink.
Routledge, 1996
The Equilibrium Economics of Laeon Walras
Jan Van Daal; Albert Jolink.
Routledge, 1993
Studies in the History of French Political Economy: From Bodin to Walras
Gilbert Faccarello.
Routledge, 1998
Development of Economic Analysis
Ingrid Hahne Rima.
Routledge, 1996 (6th edition)
Librarian’s tip: Chap. 12 "'First-Generation' Marginalists: Jevons, Walras, and Menger"
The Literature of Political Economy
Samuel Hollander.
Routledge, 1998
Librarian’s tip: "The Evidence: Walras" begins on p. 172
Against Mechanism: Protecting Economics from Science
Philip Mirowski.
Rowman & Littlefield, 1988
Librarian’s tip: Discussion of Leon Walras begins on p. 14
Ten Great Economists: From Marx to Keynes
Joseph A.Schumpeter.
Routledge, 1997
Librarian’s tip: "Marie Esprit Leon Walras" begins on p. 76
Synthetic Economics
Henry Ludwell Moore.
Macmillan Company, 1929
Librarian’s tip: "Walrasian Equations" begins on p. 100
On Revolutions and Progress in Economic Knowledge
T. W. Hutchison.
Cambridge University Press, 1978
Librarian’s tip: Discussion of Leon Walras begins on p. 84
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