Economics Atlas

How Wealth Is Ordered
Sign In
Text size
100%
Theme

Switch Atlas

The Inner World

The Civil World

The Natural World

Economists

Léon Walras

Citation Formats

General Reference

APA Style

BibTeX

Leon Walras (1834-1910) was a French economist, founder with his successor Vilfredo Pareto of the Lausanne School. He pioneered general equilibrium theory, showing mathematically how prices across all markets can clear simultaneously, and independently developed marginal utility theory alongside William Stanley Jevons and Carl Menger in the 1870s marginalist revolution. His Elements of Pure Economics (1874) remains foundational to mathematical economics.

Facts
Birth Date
1834-12-16 1
Death Date
1910-01-05 1
Nationality
French 1
Cross-Tradition Connections

Associated With School

Lausanne School, Schools of Thought
Source Léon Walras (Wikipedia)
Sources
1. Léon Walras (Wikipedia)
Wikimedia FoundationLead section
Quote, Lead section
He formulated the marginal theory of value (independently of William Stanley Jevons and Carl Menger) and pioneered the development of general equilibrium theory.
View the Source
1. Léon Walras (Wikipedia)
Wikimedia FoundationInfobox, Born field
Quote, Infobox, Born field
16 December 1834
View the Source
1. Léon Walras (Wikipedia)
Wikimedia FoundationInfobox, Died field
Quote, Infobox, Died field
5 January 1910
View the Source
Comments (0)
No comments yet. Be the first to share a thought.
Reader Challenges (0 open reader challenges)
No disputes yet. Spotted an error or a better source? Open the first one.

View At A Past Year

The atlas records no dated fact of its own for this entry, so there is no other year to choose.