- More example sentences
- He does not view modern finance as being Walrasian, that is, a theory of mutual determination of markets, real and financial.
- Schumpeter explicitly credits the equilibrium-based Walrasian system as a scientific foundation for economics.
- According to Montes, Smith was not a proponent of a mathematical-deductive method and he was certainly not a proponent of an embryonic form of Walrasian general equilibrium theory.
1940s: named after M. E. Léon Walras (1834–1910), French economist.
More definitions of Walras' lawDefinition of Walras' law in:
- The British & World English dictionary