Science · 1834–1910

Léon Walras

Mathematical economist who pioneered the general equilibrium theory

Did you know?He failed the entrance exams for the École Polytechnique twice before eventually finding his niche in economic theory.

Marie-Esprit-Léon Walras (French:; 16 December 1834 – 5 January 1910) was a French mathematical economist and Georgist. He formulated the marginal theory of value (independently of William Stanley Jevons and Carl Menger) and pioneered the development of general equilibrium theory.

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Age at death
75
Years since death
116

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