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Vision of Leon Walras
Great Economic Thinkers
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Vision of Leon Walras

3.5  ·  Rating Details ·  4 Ratings  ·  1 Review
From classical economics to monetarism and supply side ideas, these presentations express the views of history's most important economists. Particular emphasis is placed on explaining each thinker's attitude toward capitalism.
Audio Cassette, Abridged, 0 pages
Published March 1st 1997 by Carmichael & Carmichael
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Jan 28, 2011 Mintwitch rated it it was ok
Walras developed the theory known as Walras' Law, a principle in general equilibrium theory asserting that when considering any particular market, if all other markets in an economy are in equilibrium, then that specific market must also be in equilibrium. I have no idea what that means.

I was hoping to find a refutation of Keynesian macroeconomic theory, but it seems I'm not smart enough. Ah, well.
M G rated it liked it
May 20, 2016
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Dustin Irwin rated it it was amazing
Sep 25, 2013
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