Walras

[val-ra]

noun

1. (Marie Esprit) Léon 1834–1910, French economist.

Example Sentences

The basic equations had been set out a half-century earlier by the French economist Leon Walras.

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Third, I well recognize the high position Professor Fisher occupies in the mathematical school of Walras and others; but has he not made an error in stating the essence of the price relation in his mathematical symbols?

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Mitchell attributes the essential elements of Schumpeter's theory to Walras.

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Professor Fisher, in his preface, accords priority to Jevons, Auspitz and Lieben, and to Walras.

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To Gresham's law, Walras' law, Parkinson's law and Mrs. Parkinson's law, students of the human condition can now add Buchwald's law: As the economy gets better, everything else gets worse.

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