Léon Walras, French-Swiss economist and theorist (died 1910)

Léon Walras

French mathematical economist (1834–1910)

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…