Originally published in 1977, this book is a companion to Professor
Morishima's book Marx's Economics which was published in 1973. As
he did so successfully with Marx, Morishima intended with this book
to change the standard assessment of his subject's contribution to
the development of economic thought. The standard view was that
Walras provided, in the second half of the nineteenth century, the
basis for general equilibrium theory. He was thus regarded as a
microeconomist, a founder of marginalism; but Morishima argues
that, while Walras certainly made important contributions in that
area, it is his attempt to build a macroeconomics on that
foundation that should be regarded as his main achievement. This
book will provoke great interest amongst all economists and
advanced students of economic theory and its history.
General
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