University of Lausanne - School of Lausanne

School of Lausanne

Neoclassical school of thought in economics founded at the University of Lausanne by two of its Professors: Léon Walras and Vilfredo Pareto. The "School of Lausanne" is associated with the development of general equilibrium theory as well as the marginalist revolution Marginalism.

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Famous quotes containing the word school:

    “Anyone who has been to an English public school will always feel comparatively at home in prison. It is the people brought up in the gay intimacy of the slums ... who find prison so soul-destroying.”
    —Evelyn Waugh (1903–1966)