Abstract
Walrasian general equilibrium economics, as formalized by Arrow and Debreu around 1960, has been one of the most successful paradigms in the entire history of Economics. Joseph Schumpeter would most certainly have agreed that, besides the three “Classical Periods” contrived by him, the science of economics currently is, and has been for quite some time, in a fourth “Classical Period” if ever there was one, i.e., a period of consolidation and consensus, rather than a period of renewal and controversy.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 1997 Springer-Verlag Berlin Heidelberg
About this chapter
Cite this chapter
Puu, T. (1997). Prologue. In: Mathematical Location and Land Use Theory. Advances in Spatial Science. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-03439-2_1
Download citation
DOI: https://doi.org/10.1007/978-3-662-03439-2_1
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-662-03441-5
Online ISBN: 978-3-662-03439-2
eBook Packages: Springer Book Archive