Details
WALRAS, Marie Esprit Léon (1834-1910). Etudes d'économie sociale (théorie de la répartition de la richesse sociale). Lausanne: F. Rouge and Paris: F. Pichon, 1896. 8°. Half-title, diagrams (lightly browned throughout). Modern blindstamped calf, original front wrapper tipped-in on blank at front.
FIRST EDITION - the second edition was not published until 1936. Though he was little noticed during his life, Léon Walras, one of the principal founders of marginal utility theory and the first to formulate a multi-equational general equilibrium model, is now recognized as one of the great economists. His effect -- in particular indirect, through his brilliant pupil Pareto -- on twentieth-century economic thought has been immense. Schumpeter maintained that 'it would be hard to find a theorist who does not acknowledge Walras' influence' (History of Economic Analysis, p. 829). Einaudi 5970.
FIRST EDITION - the second edition was not published until 1936. Though he was little noticed during his life, Léon Walras, one of the principal founders of marginal utility theory and the first to formulate a multi-equational general equilibrium model, is now recognized as one of the great economists. His effect -- in particular indirect, through his brilliant pupil Pareto -- on twentieth-century economic thought has been immense. Schumpeter maintained that 'it would be hard to find a theorist who does not acknowledge Walras' influence' (History of Economic Analysis, p. 829). Einaudi 5970.
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