Auguste Walras

Auguste Walras In hmolscience, Auguste Walras (1801-1866) was a French economist noted for his ideas on how to go about deriving a scientific economics, similar to celestial mechanics, namely: [1]

“To create a scientific theory of economics one would need to use differential calculus to derive a ‘science of economic forces, analogous to the science of astronomical forces’.”

views which he expressed to his son Leon Walras, during a walk in 1858, who in turn would go on to defined people as "economic molecules", and whose philosophy became the dominate view of the Lausanne school of physical economics.

References
1. Ingrao, B. and Israel, G. (1990). The Invisible Hand, (pgs. 87-88). Cambridge, MA: MIT Press.

External links
Auguste Walras – Wikipedia.
● History of economic thought (FrenchEnglish) – Oeconomia.net.
● Auguste Walras (works & photo) (FrenchEnglish) – University of Quebec at Chicoutimi.

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