----------------- 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 ------------ FOOTER TO HES POSTING ------------ For information, send the message "info HES" to [log in to unmask]