Open AccessElucidating the intellectual origin of Walras's General Equilibrium Theory
Author(s) -
Kayoko Misaki
Publication year - 2021
Publication title -
impact
Language(s) - English
Resource type - Journals
eISSN - 2398-7081
pISSN - 2398-7073
DOI - 10.21820/23987073.2021.2.80
Subject(s) - general equilibrium theory , general theory , neoclassical economics , economics , work (physics) , mathematical economics , macroeconomics , thermodynamics , physics
Léon Walras was a French economist who pioneered the development of general equilibrium theory in a mathematical form. Walras' work has inspired economic theory over the last century but, as with any historical publication, the understanding of it is not without its challenges. Professor Kayoko Misaki, based within the Faculty of Economics at Shiga University in Japan, is working to elucidate the intellectual origin of Walras's general equilibrium theory by using the original texts within which he conceived his ideas.