A critical note on the new english title for Walras Éléments

Research output: Contribution to journalArticle

Abstract

Donald Walker and Jan van Daal’s recently translated the 3rd edition of Léon Walras’s Éléments d'économie politique pure under the title Elements of Theoretical Economics, in place of the conventional translation Elements of Pure Economics. This critical note points out that this new English title for Walras’s Éléments is inappropriate because it ignores Walras’s position as founder of the ‘Lausanne school’, with Vilfredo Pareto, as Walras’s successor, embracing Walras’s term ‘pure’ economics and, in his Cours d’économie politique, creating a distinction between pure and applied economics that is inconsistent with the translation of économie politique pure as ‘theoretical economics’.

Original languageEnglish
Pages (from-to)45-48
JournalEuropean Journal of the History of Economic Thought
Volume27
Issue number1
Early online dateNov 2019
DOIs
Publication statusPublished - 2 Jan 2020

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