Walras' Equilibrium Theory (1981)

Walras' Equilibrium Theory (1981)

In Walras, unfortunately, the clarification of the explicit equilibrium model of price theory, an important achievement in itself, had the effect of diminishing the force of the implicit evolutionary model to the point where it almost disappears.

"Evolutionary and Mainline Economics," Evolutionary Economics, Sage, 1981.

Back to economic surplus given to war (1951)

On to malthus' dismal theorem (1955)

Up to Quotes from Kenneth Ewert Boulding