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In this study, we examine how Léon Walras considered the economic evolution towards the most advanced stage of the history of mankind, the so-called ?industrial and commercial regime?. This enables us to present his ideas concerning the ?modern industry? and also to examine the way in which he...
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This text is to appear in a volume produced at the occasion of the 100th anniversary of Léon Walras death. The first part (introduction) answers one initial demand (to the solicited authors), i.e the evaluation of Walras influence on their own research and more generally on contemporary...
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Léon Walras est un économiste français de la fin du XIXe siècle qui a enseigné à l’Université de Lausanne. Il est un des pères fondateurs de la théorie néoclassique et de la micro-économie (avec Stanley Jevons en Grande Bretagne et Carl Menger en Autriche). Les modèles...
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Schumpeter’s unique type of evolutionary analysis can hardly be understood unless we recognise that he developed it in relation to a study of the strength and weaknesses of the Walrasian form of Neoclassical Economics. This development was largely performed in his first book Wesen und...
Persistent link: https://www.econbiz.de/10005627320
This paper presents Léon Walras and Augustin Cournot views on monetary regulation. Important differences can be found in their views about the convenience of the issuing of paper money and fiat money in general. Whereas Walras is against bank notes, even if coming from a central bank, Cournot...
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