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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 was greatly developed in the 20th century, Misaki explores the intentions and ideas behind its conception.
List of contents
Contents
Preface
Acknowledgements
Introduction
Compatibility of Efficiency and Fairness: How has Walras been misunderstood?Part 1 Walras and his predecessors
Chapter 1 Léon Walras and
The Wealth of Nations: what did he really learn from Adam Smith?
Chapter 2 Walras's Critique of Jean-Baptiste Say : Entrepreneur and Laissez-Faire
Chapter 3 Numéraire
, Workers, and the Tax system: was Isnard a precursor of Walras
?Part 2 Misunderstood Ideas of Walras
Chapter 4 The Concept of Labor Market in Léon Walras's Pure, Social, and Applied Economics
Chapter 5 Walras on the Worker-Entrepreneur: the Origin of Profits
Chapter 6 The Concept of Sympathy: Walras, Smith, and Sen
Appendix Miyoji HAYAKAWA (1895-1962): the first Japanese translator of Walras
Index
About the author
Kayoko MISAKI is a historian of economic thought and a Professor at Shiga University, Japan. With several years of experience, she has dedicated her research to studying Walras's economics and the history of French economic thought, and has published her research in English and Japanese. From 2008 to 2010, she served as the President of the International Walras Association (l'Association Internationale Walras
, AIW). From 2015 to 2017, she held the position of Chief Editor for
the History of Economic Thought, a peer-reviewed journal of the Japanese Society for the History of Economic Thought (JSHET).
