Léon Walras
Marie-Esprit-Léon Walras was a French mathematical economist and Georgist. He formulated the marginal theory of value and pioneered the development of general equilibrium theory. Walras is best known for his book Éléments d'économie politique pure, a work that has contributed greatly to the mathematization of economics through the concept of general equilibrium. The definition of the role of the entrepreneur found in it was also taken up and amplified by Joseph Schumpeter.
16 December 1834
Born on the same birth day (16 December): Alexander I of Yugoslavia • Antonio de La Gándara • Bart Oates • Edward Ruscha • Jon Tenney • Károly Kós • LaChanze • Lin Zhao
Born in the same month (December 1834): Kapiʻolani