Leon Walras
Personal
Other names:
Job / Known for: Mathematical economist and Georgist
Left traces: General equilibrium theory
Born
Date: 1834-12-16
Location: FR Évreux, Upper Normandy, France
Died
Date: 1910-01-05 (aged 76)
Resting place: CH
Death Cause: Heart failure
Family
Spouse: Émilie-Auguste Pichat (m. 1869–1898)
Children: Marie-Albine Walras (1872–1948)
Parent(s): Auguste Walras (1801–1866) and Louise Sainte-Beuve (1804–1886)
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Leon Walras

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Léon Walras

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About me / Bio:
Léon Walras was a French-born economist who pioneered the development of general equilibrium theory and marginal utility theory. He is best known for his book Éléments d'économie politique pure, a work that has contributed greatly to the mathematization of economics through the concept of general equilibrium. He also advocated for the nationalization of land and the abolition of taxes other than a land tax. He was influenced by rationalism, utilitarianism, and Georgism. He taught at the University of Lausanne and founded the Lausanne school of economics. He was also interested in social reform, cooperatives, and philosophy. He retired in 1892 and died in 1910 from heart failure. He is widely regarded as one of the greatest economists of all time.
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