Walras

Walras, Leon: Elements of Pure Economics or the Theory of Social Welth ( Reprints of Economic Classics Series ) Fairfield, New Jersey, U.S.A. Augustus m Kelley Pubs 1977 ; fester Einband / hard cover ISBN: 0678060282
Very Good

620 pages, 8 parts, 42 lessons / chapters, extensive appendix and notes sections ---- clean and tight copy, previous bookstore price in ink on the front end paper, dark grey cloth bound hard cover with golden lettering on front board and spine. ------- This is what Wikipedia says about Walras Leon: Marie-Esprit-Leon Walras (December 16, 1834 in Evreux, Eure - January 5, 1910 in Clarens, near Montreux, Switzerland, was a French mathematical economist associated with the creation of the general equilibrium theory. Walras was the son of French economist Auguste Walras. His father was a school administrator and not a professional economist, yet his economic thinking had a profound effect on his son. He found the value of goods by setting their scarcity relative to human wants. Walras also inherited his father's interest in social reform. Much like the Fabians, Walras called for the nationalization of land, believing that land's value would always increase and that rents from that land would be sufficient to support the nation without taxes. Another of Walras' influences was Augustin Cournot, a former schoolmate of his father. Through Cournot, Walras came under the influence of French Rationalism and was introduced to the use of mathematics in economics. Although Walras came to be regarded as one of the three leaders of the marginalist revolution, he was not familiar with the two other leading figures of marginalism, William Stanley Jevons and Carl Menger, and developed his theories independently. In 1874 and 1877 Walras published Elements of Pure Economics, a work that led him to be considered the father of the general equilibrium theory. The problem that Walras set out to solve was one presented by Cournot, that even though it could be demonstrated that prices would equate supply and demand to clear individual markets, it was unclear that an equilibrium existed for all markets simultaneously. Walras created a system of simultaneous equations in an attempt to solve Cournot's problem. He presented an informal argument for the existence of an equilibrium based on the assumption that an equilibrium exists whenever the number of equations equals the number of unknowns. The crucial step in the argument was Walras' Law which states that considering any particular market, if all other markets in an economy are in equilibrium, then that specific market must also be in equilibrium. Walras' Law hinges on the mathematical notion that excess market demands (or, inversely, excess market supplies) must sum to zero. This means that, in an economy with n markets, it is sufficient to solve n-1 simultaneous equations for market clearing. Taking one good as the numeraire in terms of which prices are specified, the economy has n-1 prices that can be determined by the equation, so an equilibrium should exist. A more rigorous version of the argument was developed by Kenneth Arrow and Gerard Debreu in the 1950s. Professor at the University of Lausanne, Switzerland, Walras is credited for having founded what subsequently became known, under direction of his Italian disciple, the economist and sociologist Vilfredo Pareto, as the Lausanne school of economics. Because for a long time most of Walras' publications were only available in French, only a relatively small section of the economics profession really became familiar with his work. This changed in the 1950s, largely due to the work of William Jaffe, the translator of Walras' main works, and the editor of his Complete Correspondence (1965). Facsimile Edition Hard Cover 8vo - over 7¾" - 9¾"; Facsimile Edition

[SW: " ECONOMY PECONOMICS PURE SOCIAL WELATH ECONOMICS CLASSIC MATHEMATICAL POLITICAL SOCIAL ECONOMYEXCHANGE COMMODITIES PRODUCTION THEORY CAPITAL THEORY MONEY CIRCULATION THEORY PRICE FIXING MONOPLY TAXATION " I. TITLE II. WALRAS, LEON]

Details

Die Magna Charta der ökonomischen Theorie Walras, Leon: Elements d'Economie politique pure ou Theorie de la Richesse sociale. Lausanne, L. Corbaz / Paris, Guillaumin / Bale, H. Georg, 1874. (Faksimile 1988).
Hochwertiges Faksimile der Erstausgabe auf starkem Papier. Hauptwerk vom Begründer der Lausanner Schule, "the Magna Charta of economic theory". Walras wurde von Schumpeter als "der größte aller Ökonomen" bezeichnet und der britische Wirtschaftswissenschaftler Mark Blaug behauptet, "fast jede Ökonomie unserer Zeit ist walrasianische Ökonomie". J. A. Schumpeter: "Walras' System von Gleichungen zur Definition statischen Gleichgewichts in einem System voneinander unabhängiger Mengen ist die Magna Charta der ökonomischen Theorie". - Eins von eintausend numerierten Exemplaren dieser Faksimile-Ausgabe. Nr. 253. - Mit Kommentarband: Horst Claus Recktenwald, Kritisches Editorial zum Geleit. Walras' Rang in der ökonomischen Wissenschaft. Das Opus im technischen Zeitalter. / William Jaffe, Zu Leon Walras' Vita. / Mark Blaug: Das walrasianische Gleichgewicht - Fortschritt oder Sackgasse? / Donald A. Walker: Walras' Theorie des ökonomischen Verhaltens - Eine moderne Sicht. 108, (3) S. Orig.-Pappband. Zusammen zwei Bände. - Auf Wunsch senden wir Ihnen gerne Fotos zu (JPG).

VIII, 407 S. Mit 3 mehrf. Gefalt. Tafeln. Handgebundener bordeauxroter Halblederband mit Buntpapierüberzug und marmorierten Vorsätzen sowie Rückengoldprägung.

Details

WALRAS (Leon): Jubile Walras - Universite de Lausanne. 10 juin 1909. Lausanne, Imprimerie Reunies, 1909.

In-4 (275 x 197), demi-velin ivoire a la Bradel, couverture conservee, 57 p. Recueil des discours et interventions donnes a l'universite de Lausanne a l'occasion du jubile de Leon Walras quelques mois avant sa mort, pour feter le fondateur de l'Ecole de Lausanne en economique politique. Contributions et hommages internationaux, dont Milhaud, E. Roguin, Boninsegni, et une longue intervention de Walras lui-meme consacree au theoricien et homme politique suisse Louis Ruchonnet, figure de proue des radicaux romands: "Ruchonnet et le socialisme scientifique" p. 27-41. On joint le faire part de deces de Leon Walras, signe de Georges Renard, date de Clarens, le 7 janvier 1910. Bel exemplaire, tres frais, tres bien relie. Rare.

[SW: Economie politique - Histoire economique, Suisse, Nouveautes,]

Details

Leon Walras: Elements d'economie politique pure ou theorie de la richesse sociale. Faksimile der 1874 und 1877 in zwei Teilen erschienenen Erstausgabe. Wirtschaft und Finanzen,Aug 1988 ISBN: 3878810318
"Walras hat mehr als vielleicht jeder andere Ökonom dazu beigetragen, uns ein Gerüst zum Ordnen unserer Gedanken, eine Betrachtungsweise und Beschreibung des Ökonomischen Systems zu liefern, die uns hilft, Fehler in der Logik zu vermeiden," schreibt der Nobelpreisträger Milton Friedman über Leon Walras (1834 - 1910). Walras' Werk "Elements d'economie politique pure", 1874 und 1877 in zwei Teilen erschienen, enthält ein System notwendiger wirtschaftlicher Beziehungen, beschäftigt sich mit Problemen der sozialen Ethik und entwickelt Gedanken zu alternativen Wirtschaftsformen und zur Finanzwissenschaft. Walras' große Leistung aber war der mathematische Nachweis, daß eine dezentrale Marktwirtschaft, in der sich eine optimale Güterversorgung selbsttätig einstellt, automatisch zum Gleichgewicht und zur besten Versorgung tendiert. Mit seiner wissenschaftlichen Ausarbeitung des statischen Gleichgewichts schuf der Grenznutzentheoretiker Walras - neben Thünen und Gossen - eine Grundlage der moder

NEUBUCH! 213x145x gr; (Faks. d. Erstausg. 1874/77)

[SW: Volkswirtschaft]

Details