Quote of the day
The ability to simplify means to eliminate the unnecessary so that the necessary may speak. Simplification is the essence of abstraction from which objective values are not necessarily eliminated.
Léon Walras
Born: December 16, 1834
Died: January 5, 1910 (aged 75)
Bio: Marie-Esprit-Léon Walras was a French mathematical economist. He formulated the marginal theory of value and pioneered the development of general equilibrium theory.
Known for:
- Studies in Applied Economics
- Studies in Social Economics







