"L. Walras first formulated the state of the economic system at any point of time as the solution of a system of simultaneous equations representing the demand for goods by consumers, the supply of goods by producers and the equilibrium condition that supply equal demand on every market."
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Kenneth J. Arrow, and Gerard Debreu. "Existence of an equilibrium for a competitive economy." Econometrica: Journal of the Econometric Society (1954): p. 265.
https://en.wikiquote.org/wiki/L%C3%A9on_Walras
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Léon Walras
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