Reception of Walras' Theory of Exchange and Theory of Production in Russia

Access this Article

Search this Article

Author(s)

Abstract

This paper evaluates the reception of Leon Walras' ideas in Russia before 1920. Despite an unfavourable institutional context, Walras was read by Russian economists. On the one hand, Bortkiewicz and Winiarski, who lived outside Russia and had the opportunity to meet and correspond with Walras, were first class readers and very good ambassadors for Walras' ideas, while on the other, the economists living in Russia were more selective in their readings. They restricted themselves to Walras' Elements of Pure Economics, in particular, its theory of exchange, while ignoring its theory of production. We introduce a cultural argument to explain their selective reading.

This paper evaluates the reception of Léon Walras' ideas in Russia before 1920. Despitean unfavourable institutional context, Walras was read by Russian economists.On the one hand, Bortkiewicz and Winiarski, who lived outside Russia and had theopportunity to meet and correspond with Walras, were first class readers and verygood ambassadors for Walras' ideas, while on the other, the economists living in Russiawere more selective in their readings. They restricted themselves to Walras' Elementsof Pure Economics, in particular, its theory of exchange, while ignoring its theoryof production. We introduce a cultural argument to explain their selective reading.JEL classification numbers: B 13, B 19.

Journal

  • The History of Economic Thought

    The History of Economic Thought 51(1), 19-35, 2009

    The Japanease Society for the History of Economic Thought

Codes

  • NII Article ID (NAID)
    110009498293
  • NII NACSIS-CAT ID (NCID)
    AA12047164
  • Text Lang
    ENG
  • Article Type
    Journal Article
  • ISSN
    1880-3164
  • NDL Article ID
    10404963
  • NDL Source Classification
    ZD12(経済--経済学--経済史)
  • NDL Call No.
    Z3-193
  • Data Source
    NDL  NII-ELS  J-STAGE 
Page Top