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Léon Walras Quotes

1834–1910 France

Marie-Esprit-Léon Walras (December 16, 1834 – January 5, 1910) was a French mathematical economist. He formulated the marginal theory of value, independently of William Stanley Jevons and Carl Menger, and pioneered the development of general equilibrium theory.

France
Academics
Economists

Random Léon Walras quote

1 quote

It took from a hundred to a hundred and fifty or two hundred years for the astronomy of Kepler to become the astronomy of Newton and Laplace, and for the mechanics of Galileo to become the mechanics of d'Alembert and Lagrange. On the other hand, less than a century has elapsed between the publication of Adam Smith’s work and the contributions of Cournot, Gossen, Jevons, and myself.

John Cunningham Wood (1993)

Attribution

Quotes and notes from Wikiquote: Léon Walras (page history), available under CC BY-SA 4.0.