Leon Walras (1834-1910) transformed economics from a literary discipline into a mathematical, deterministic science. For the first time, Walras expressed rigorously the view that all markets are related, and that their relationships can be described and analyzed mathematically. These interrelated markets tend toward a general equilibrium position, undergoing a constant interactive adjustment process that Walras called a tatonnement. This conception of economics led to important new insights about the stability of markets and about the capitalist economic system. A follower of Walras, Vilfredo Pareto (1848-1923), viewed economics as part of the broader science of sociology, extending Walrasian analysis to say that society at large is an equilibrium system. This view profoundly influenced the modern course of the social sciences, in which quantitative techniques have become standard analytical tools. Many later scholars have been awarded the Nobel Prize for developing the Walrasian analysis of capitalism.
Mary Cheney
Narrated By : Mary Cheney
Published By : Simon & Schuster
6 hours
Categories : Politics
Download Price : $29.95 $17.95
In her frank, funny, and down-to-earth memoir, Mary Cheney describes life inside the bubble of a national campaign... View...
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Wendy McElroy
Narrated By : Walter Cronkite with a full supporting cast
Published By : Blackstone Audio Inc
2 hours 30 minutes
Categories : Politics History
Download Price : $9.95
In the fall of 1787, the call went out: Each of the 13 states assembled special conventions to consider ratification of a proposed Constitution of the United States. Without ratification by nine co... View...
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Jeff Gerth and Don Van Natta Jr.
Narrated By : Erik Singer
Published By : Hachette Audio
6 hours
Categories : Politics Rich & Famous Women
Download Price : $29.98 $20.99
Pulitzer Prize-winning New York Times reporters Jeff Gerth and Don Van Natta Jr. bring us the first comprehensive portrait of the most important woman in American politics: Hilary Rodham Clinton. View...
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Nancy Gibbs and Michael Duffy
Narrated By : LJ Ganser
Published By : Hachette Audio
11 hours
Categories : American Rich & Famous Royalty and Heads of State
Download Price : $39.98 $27.99
The Preacher and the Presidents reveals how the world's most powerful men and world's most famous evangelist, Billy Graham, knit faith and politics together. View...
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David Pietrusza
Narrated By : Grover Gardner
Published By : Blackstone Audio Inc
14 hours
Categories : Fiction Biography
Download Price : $69.95 $26.95
Rothstein is a colorful biography that brings to life the underworld denizens of Jazz Age New York City and its unrivaled kingpin, when the fast buck ruled and violence stalked the streets of Gotham. View...
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