Leon Walras
leone walras(1834-1910)
- Greatest of Pure theorists
- Born in 1834 in France
- Field – Economics, Marginalism
works
- Elements of Pure Economics (1874)
- Theory of Exchange (1874)
- Theory of Production (1877)
- Mathematical Theory of Social Wealth (1883)
- Studies in Social Economics (1896)
- Studies in Applied Economics (1898)
main ideas and theories
- The Marginal Utility Theory of Value
- Theory of General Equilibrium
- Theory of Production
- Theory of Capital
- Distributional Justice
- Functions of the State: maintain the system of free competition through legislation.
- Theory of Money
