Quote of the day
Taking the entire globe, if North America and Western Europe can be called the 'cities of the world', then Asia, Africa and Latin America constitute 'the rural areas of the world'.
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







