Gérard Debreu quotes
Gérard Debreu was a French economist and mathematician renowned for his fundamental contributions to general equilibrium theory. His rigorous mathematical approach transformed economic theory and brought new clarity to market equilibrium analysis. He was awarded the Nobel Memorial Prize in Economic Sciences for his pioneering work. Here are 6 of his quotes:
L. Walras first formulated the state of the economic system at any point of time as the solution of a system of simultaneous equations representing the demand for goods by consumers, the supply of goods by producers and the equilibrium condition that supply equal demand on every market.
Gérard Debreu