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:

Perhaps as important is the relation between the existence of solutions to a competitive equilibrium and the problems of normative or welfare economics.

Gérard Debreu

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

The Cowles Commission was the optimal environment for the type of research that I wanted to do.

Gérard Debreu

The dark outside world of Paris under German occupation exerted a strong containing pressure.

Gérard Debreu

In the mid-'60s in Berkeley, the theory of measure spaces of economic agents became one of my main interests.

Gérard Debreu