Léon Walras

Léon Walras
Léon Walras

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.

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General Info
.
Male
Date of Birth
December 16th, 1834
Age
191
Birth Place
France, Normandy
Date of Death
January 5th, 1910
Died Aged
75
Star Sign
Sagittarius
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