Zdrojový dokument:Scientific papers of the University of Pardubice. Series D, Faculty of Economics and Administration. 16 (1/2010)
ISSN:1211 – 555X
Abstrakt:
5 January 2010 marks the 100th anniversary of the death of one of the most
important economists of the 19th and 20th centuries, Marie-Ésprit Léon Walras. The authors
of the article wanted, in connection with this anniversary, to present Léon Walras as a person
and as an economist. The main objective is to put forth a possibly new interpretation of the
Walrasian General Equilibrium Theory and to demonstrate that seemingly complex equations
can be identified by a standard optimization of decisions made by economic agents.