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Quotes from Theory of Economic Growth — Michio Morishima

1923–2004 Japan

← All quotes by Michio Morishima

1 quote

Leon Walras, the sun of one of the planetary systems in the universe of economics, developed a general equilibrium model of capital formation and credit, after he had explored models of exchange and production. But he was primarily concerned with momentary equilibrium to be established in a system with given stocks of capital goods that are shared among a given number of individuals.

Theory of Economic Growth (1969)

Attribution

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