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:

    Loosed betwixt eye and lid, the swimming beams
    Of memory, blind school of cuttlefish,
    Rise to the air, plunge to the cold streams....
    Allen Tate (1899–1979)