Although general equilibrium theory originated in the late nineteenth century, modern elaboration and development of … of the twentieth century, referred to by Lionel McKenzie as the classical general equilibrium theory. McKenzie offers … general equilibrium theory. Special attention is given to the McKenzie model, in which it is not assumed that the number of …

In The Equilibrium Manifold, noted economic scholar and major contributor to the theory of general equilibrium Yves … Balasko argues that, contrary to what many textbooks want readers to believe, the study of the general equilibrium model did … the theory of general equilibrium, led to what Balasko calls the postmodern phase, marked by the reintroduction of …