Walras

The basic equations had been set out a half-century earlier by the French economist Leon Walras.

Third, I well recognize the high position Professor Fisher occupies in the mathematical school of Walras and others; but has he not made an error in stating the essence of the price relation in his mathematical symbols?

Mitchell attributes the essential elements of Schumpeter's theory to Walras.

Professor Fisher, in his preface, accords priority to Jevons, Auspitz and Lieben, and to Walras.

To Gresham's law, Walras' law, Parkinson's law and Mrs. Parkinson's law, students of the human condition can now add Buchwald's law: As the economy gets better, everything else gets worse.