#417 Overall Influence

French mathematical economist

Marie-Esprit-Léon Walras was a French mathematical economist and Georgist. He formulated the marginal theory of value and pioneered the development of general equilibrium theory. Walras is best known for his book Éléments d'économie politique pure, a work that has contributed greatly to the mathematization of economics through the concept of general equilibrium. The definition of the role of the entrepreneur found in it was also taken up and amplified by Schumpeter.

Source: Wikipedia- Elements and mechanism of production
- Critique of the doctrine of the Physiocrats
- Exposition and refutation of the English theory of rent
- Translators’ introduction
- Solution of the equations of production. Law of the determination of the prices of products and services
- Relative stability of the value of the bimetallic standard
- The problem of the exchange of several commodities for one another. Theorem of general equilibrium
- The fact of industry and applied economics. The fact of property and social economics
- Capital and income. The three services
- Rareté, or the cause of value in exchange
- Critique of the doctrine of the Physiocrats
- Exposition and refutation of the English theory of rent
- Translators’ introduction
- Solution of the equations of production. Law of the determination of the prices of products and services
- Relative stability of the value of the bimetallic standard
- The problem of the exchange of several commodities for one another. Theorem of general equilibrium
- The fact of industry and applied economics. The fact of property and social economics
- Capital and income. The three services
- Rareté, or the cause of value in exchange
- Price fixing and monopoly
- Discussion of the solution of the problem of exchange of two commodities for each other
- Fiduciary money and offsetting claims. Foreign exchange
- Adam Smith’s and J.-B. Say’s definitions
- Mathematical theory of bimetallism
- Note on Mr. Wicksteed’s refutation of the English theory of rent
- Utility or want curves. The theorem of maximum satisfaction
- Theorem of the maximum utility of new capital goods. Law of the variation of the rate of net income
- General formula of the mathematical solution of the problem of the exchange of several commodities for one another. Law of the determination of the prices of the commodities
- Taxation
- Geometrical theory of the determination of prices
- Observations on the principle of Messrs. Auspitz’s and Lieben’s theory of prices
- Discussion of demand curves. General formula for the mathematical solution of the problem of exchange of two commodities for each other
- Law of the variation of the prices of the commodities
- The entrepreneur. Business accounting and inventory
- The principle of free competition. Law of the variation of the prices of products and services. Price curves
- Solution of the equations of capital formation and credit. Law of the determination of the rate of net income
- Purchase curves and sales curves. Price curves
- Preface to the second edition
- Distinction between science, the arts, and ethics
- Equations of capital formation and credit
- Gross and net income. The rate of net income. The excess of income over consumption
- The market and competition. The problem of the exchange of two commodities for each other
- Equations of production
- Laws of the determination and variation of the prices of capital goods. The permanent market
- Curves of effective demand and effective supply
- The problem of the value of money
- Increase of the quantity of products. Laws of the general variation of prices in a progressive society
- Exposition and refutation of the English theory of the prices of products
- Social wealth. Triple consequences of scarcity. The fact of value in exchange and of economic theory
- Theorem of equivalent redistributions. Choice of a standard of measurement and of a medium of exchange
- Exposition and refutation of the English theories of wages and interest
- Exposition and refutation of Adam Smith’s and J.-B. Say’s doctrines of the origin of value in exchange
- Elements d'Economie Politique Pure.
- Elements d'Economie Politique Pure.

University of Lausanne

University located in Lausanne, Switzerland

#11 World Rank

Economics

#961 World Rank

Mathematics

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