Francois Perroux

Francois Perroux

Born: 1903. Died: 1987.

Biography

François Perroux belongs to that small, strange group of unique Frenchmen who, in spite of the Anglophone dominance of economics, still manage to ocassionally infect the imagination of the economics world with their novel ideas.

At Collège de France, Francois Perroux studied under Etienne Antonelli, the last lingering shadow of the Lausanne School. In many ways, Perroux inherited the mantle of Leon Walras and carried it to perhaps where the failed engineering student would have liked to have taken it.

Like Walras, he was a Cartesian in method, a socialist in sentiment and an evolutionist in vision. His early acquaintance and interaction with other independent thinkers, such as Pantaleoni, Aftalion, Joseph Schumpeter, Morgenstern and Maurice Allais, added even more streams of flavor into his unique blend of thinking. After setting up the Institut de Sciences Economiques Appliqueées (ISEA) in 1944, he had a chance to encounter and absorb the ideas of the younger economists which converged upon it.

His first important book - La Valeur (1943) - was a rather standard exercise in understanding Walrasian thinking. But the germ was already there: general equilibrium theory as the interaction of multiple forces.

Major Books of Francois Perroux

- A New Concept of Development, 1983
- Aliénation et Société Industrielle, 1970
- Cours d'économie politique, 1947
- Economie et Société, Contrainte, Echange, Dons, 1960
- Industrie et Création Collective, 1964-1970
- La coexistence pacifique, 1958
- La Valeur, 1943
- Le pain et la parole, 1969
- Le Plan Marshall ou l'Europe Nécessaire au Monde, 1948
- Le Problème du profit, 1926
- L'Economie du XXème siècle, 1969
- Les mythes hitlériens et l'Europe allemande, 1940
- Les mythes hitlériens, 1936
- L'Europe sans fivages, 1954
- Pouvoir et Economie, 1973
- Prises de vue sur la croissance de l'économie française, 1780-1950, 1956, Income and Wealth
- Théorie générale du progrès économique, 1956
- Unités actives et mathématiques nouvelles: Révision de la théorie de l'équilibre général, 1975

Major Articles of Francois Perroux

- 1950, Economic Spaces: Theory and application, QJE
- 1978, L'équilibrie des unités passives et l'équilibration générale des unités actives", Economie Appliquee

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