Walras

Quantitative economics was invented in the late 19th century and early 20th century, by figures such as Walras, Marshall, Fisher, Keynes and Friedman.

Economics needs a divorce « Isegoria 2008

Hmm. Sounds exactly, but exactly, like Léon Walras 'metaphor of "tâtonnement", which is usually rendered in English as "groping in the dark".

Pragmatism, continued, Arnold Kling | EconLog | Library of Economics and Liberty 2009

The idea that wealth will be created fastest with no redistribution, ignores that the OVERRIDING economic variable is actually: total social welfare (Walras + all externalities).

Tax Cuts for the Rich, Arnold Kling | EconLog | Library of Economics and Liberty 2009

"The idea that wealth will be created fastest with no redistribution, ignores that the OVERRIDING economic variable is actually: total social welfare (Walras + all externalities)."

Tax Cuts for the Rich, Arnold Kling | EconLog | Library of Economics and Liberty 2009

Because it was deeply anchored in microeconomic theories of the behavior of individual consumers and firms, the models developed by Hicks offered far better ways to study the consequences of changes in various parameters than did earlier general equilibrium models (such as Léon Walras 'general equilibrium system of equations).

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1969-2006 2010

Schumpeter had recently visited the doyen of equilibrium economics, Léon Walras, in Switzerland, who had told him that “of course economic life is essentially passive and merely adapts itself to the natural and social influences which may be acting on it.”

The Nature of Technology W. Brain Arthur 2009

Robert Schwartz writes: "Walras, for introducing the importance of marginal analysis"

Most Influential Economist?, Arnold Kling | EconLog | Library of Economics and Liberty 2009

The ideas, inherent but not explicit in much earlier economic thought, were only finally clarified in the late 1800s, somewhat simultaneously by Jevons in England, Walras in Switzerland, and Menger in Vienna.

Cognitive Ability and Decision-making, Arnold Kling | EconLog | Library of Economics and Liberty 2009

Walras, Hayek, and Friedman, who held that the economic system is inherently stable, that unemployment tends to a natural rate, that control of inflation is the only legitimate goal of central banking, that otherwise government should do very little and that the pursuit of full employment in the Johnson administration was, as Professor Christina Romer put it in a paper delivered right here in September, 2007, a "mistaken revolution."

James K. Galbraith: The Johnson Legacy and the Obama Challenge: Remarks to the LBJ Centennial Conference 2009

Hicks strictly speaking was not a neoclassical economist but the eclectic product of different schools associated with the names of Pareto, Walras, Menger, Böhm-Bawerk and the Swedes with a fundamental grinding in the English tradition of Marshall and Pigou.

Herman Daly Festschrift~ Hicksian income, welfare, and the steady state 2009