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The Architectonics of Léon Walras

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General Equilibrium Economics
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Abstract

In that fascinating area of surmise designated ‘the sociology of knowledge’ must lie answers to more than one seeming conundrum in the dynamics of economic doctrine. One day, perhaps, we shall know how a perspicacious Ricardo could have framed a theory whose pessimism derived from the neglect of a revolution in technology so thorough-going as to be unique in the history of man. And perhaps it will explain that perverse principle of insularity which so often militates against the spread of economic ideas between the Continent, Great Britain and the United States.

A review article of William Jaffé’s translation of Léon Walras, Elements of Pure Economics, published for the American Economic Association and the Royal Economic Society by Allen and Unwin, London, 1954. The article was published originally in Kyklos, 10 (1956), pp. 241–49, and reproduced with permission.

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© 1992 Robert E. Kuenne

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Kuenne, R.E. (1992). The Architectonics of Léon Walras. In: General Equilibrium Economics. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-12752-8_3

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