Studies In Applied Economics 1st Edition Laon Walras by La©on Walras 9780203928363, 9780415346177, 0203928369, 0415346177 instant download after payment.

L?on Walras (1834-1910) was one of the key thinkers behind the development of marginal utility theory and his introduction of general equilibrium theory is one of the cornerstones of modern economic thought. Now, for the first time, his seminal work ?tudes d'?conomie politique appliqu?e, first published in 1898, is available in English. This work sits aside ?l?m?nts d'?conomie politique pure (1874) and ?tudes d'?conomie sociale (1896) as one of Walras' crowning achievements. Only the former book, in which Walras advocated regulated free competition, has been translated. In ?tudes d'?conomie politique appliqu?e, Walras elaborates on his equilibrium theory and established it as a basis for an optimal economic order. This two-volume translation of a text that still holds vibrant relevance for economists today, stands as a milestone in marginal utility theory, and will be of immense interest to working economists and students of the history of economic thought.