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From:
[log in to unmask] (Aiko Ikeo)
Date:
Fri Mar 31 17:18:36 2006
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----------------- HES POSTING ----------------- 
One of the channels is the English version of Knut Wicksell's _Lectures on 
Political Economy_ (1934-35), v. 1. General theory -- v. 2. Money. It was 
translated from the Swedish by E. Classen and edited with an introduction 
by L. Robbins. Economists at the London School of Economics found that 
Wicksell synthesized two different traditions from the Continent--Vienna 
and Lausanne. Wicksell revived Walras in England. Economists at the LSE, J. 
R. Hicks and R. G. D. Allen, reread Walras and recognized that there was 
something more important than had at first been believed. 
Walras became 'famous' in England after 1930. 
 
Moreover, in 1939 J. R. Hicks published _Value and Capital_ and established 
the general equilibrium analysis in a modern style. He also provided the 
question of stability in Walrasian tatonnement process and the question of 
existence of an equilibrium solution in a system of simultaneous equations. 
 
Aiko Ikeo 
 
 
 
 
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