Lausanne school of physical socioeconomics | ||
Auguste Walras (1801-1866) | ||
●———— || | | Leon Walras (1834-1910) | |
Leon Winiarski (1865-1915) | Maffeo Pantaleoni (1857-1924) | Vilfredo Pareto (1848-1923) |
| | | | |
●———— | ——— ● ——— | ———— ● |
| | ||
Emanuele Sella (1879-1946) | ||
The connectivity tree of hard science based economics philosophy of the Lausanne school starting from French socioeconomist Leon Walrus to the two cultures synergy of Italian economist Maffeo Pantaleoni, to that of Emanuele Sella who studied under Pantaleoni. |
“To create a scientific theory of economics one would need to use differential calculus to derive a ‘science of economic forces, analogous to the science of astronomical forces’.”
“Leon Winiarski, a friend of Leon Walras and member of the Lausanne school, made the principle of least effort the ‘basis of social science’ (Winiarski, 1903).”
“The Lausanne school explicitly used mathematical terms of thermodynamics, like equilibrium, to describe economic balance.”
“You have made me very happy by explaining to me with the authoritativeness that you command that I was justified in representing the satisfaction of individuals by functions.”Pareto
In 1990, the Walras-Pareto Center for Interdisciplinary studies (see: interdisciplinarity) was established at the University of Lausanne; a noted member of which is Swiss economics historian Francois Allison, a scholar on Leon Winiarski, Nikolai Bukharin and the history of Russian economics (Karl Marx, Vladimir Lenin, etc.). [5] |
“The imperative nature of morality, law, etc., does nothing special and mysterious it very well in between the action of the laws of mechanics and just means that some transformation of energy, which correspond to irreversibilities. But like all irreversible cycles tend to their evolution towards a state of full reversibility ensures that only a maximum, the binding nature and imperative of social institutions weakens over the course of time. [19]
Note 19:
With the conditions of complete reversibility in the second principle:
is in fact the starting point for another reason. If experience leads us to establishing the equation:[or
meaning closed line or path integral?]
for a closed cycle and reversible, it should be a function of independent variables do not sear the differential an exact differential. In other words:
or S is a function of x and y, such that dS, will be an exact differential on a plot of x and y. It is this function that S that Clausius has called the name of entropy, a function which presents some analogy with that of the energy (U). Indeed, the like energy, entropy is a property of the body completely determined by the current values of variables and it follows that pet always be translated by a formula which expresses the function of these independent variables. As for energy incurs, its value should not depend of the path followed by a body to reach its current state, in case this is not a full cycle of operations. One can always express entropy by the equation:
but only, of course, for a reversible cycle.”
“Walras was an agrarian socialist and wanted to nationalize land, but he talked of humans as ‘economic molecules’ and gave concepts like scarcity scientific definitions analogous to heat in physics.”— Hazel Henderson (1981) [1]