Leon Walras and the Nobel Peace Prize
Submitted by unsettling economics
Kissinger’s nauseating Nobel Peace Prize award might deflate some of the interest in beyond Leon Walras’s nomination. Walras wrote his own nomination and had some colleagues submit it.
The basis of his nomination was his work in mathematical economics. Although he wrote almost about free trade, his claim was that his work had produced a scientific basis for free trade and free trade would be certain to establish a regime world peace. Unfortunately, the nomination went to the great advocate of peace, Theodore Roosevelt.
See Sandmo, Agnar. 2007. “Retrospectives: Léon Walras and the Nobel Peace Prize.” Journal of Economic Perspectives, Vol. 21, No. 4 (Fall): pp. 217-28.
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