Lon Walrass Economic Thought by Kayoko Misaki - 9781032434414

Lon Walrass Economic Thought by Kayoko Misaki - 9781032434414

Lon Walrass Economic ThoughtThe General Equilibrium Theory in Historical Perspective\nAuthor(s): Kayoko Misaki\nFormat: Paperback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9781032434414, 978-1032434414\nSynopsis\nThis book sheds new light on the general equilibrium theory of Lon Walras [tel] from a historical perspective. Walras's construction of general equilibrium theory marked the dawn of modern economics, and the theory was greatly developed in the 20th century. However, Walras's own intentions and ideas behind the theory are still not fully understood.\n\nThis book aims to clarify the intellectual background of Walrass economics by delving into his original writings, which have not received much attention until now. Part 1 of the book reconsiders the relationship between Walras and his predecessors, Adam Smith [tel], Jean-Baptiste Say [tel], and Achylle Nicolas Isnard [tel], who are believed to have had a decisive influence on Walras's ge.

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