Léon Walras's Economic Thought: The General Equilibrium Theory in Historical Perspective

This book sheds new light on the general equilibrium theory of Léon Walras (1834–1910) from a historical perspective. Walras's construction of general equilibrium theory marked the dawn of modern economics, and the theory was greatly developed in the 20th century. However, Walras's own intentions and ideas behind the theory are still not fully understood.

This book aims to clarify the intellectual background of Walras’s economics by delving into his original writings, which have not received...