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Retrospectives: Léon Walras and the Nobel Peace Prize

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  • Agnar Sandmo

Abstract

This paper is an account of the history of Léon Walras's attempt to be awarded the Nobel Peace Prize for 1906. It describes Walras's moves to get three of his Lausanne colleagues to nominate him for the prize, the arguments advanced in the proposal, and the reception that it received by the Norwegian Peace Prize Committee in Kristiania (Oslo). It discusses whether Walras had realistic reasons to believe that he stood a chance of winning the prize, and it evaluates the validity of the arguments on which the proposal was based.

Suggested Citation

  • Agnar Sandmo, 2007. "Retrospectives: Léon Walras and the Nobel Peace Prize," Journal of Economic Perspectives, American Economic Association, vol. 21(4), pages 217-228, Fall.
    • Handle: RePEc:aea:jecper:v:21:y:2007:i:4:p:217-228
    Note: DOI: 10.1257/jep.21.4.217
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    File URL: http://www.aeaweb.org/articles.php?doi=10.1257/jep.21.4.217
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    References listed on IDEAS

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    1. Philippe Martin & Thierry Mayer & Mathias Thoenig, 2008. "Make Trade Not War?," Review of Economic Studies, Oxford University Press, vol. 75(3), pages 865-900.
    2. Hirschman, Albert O, 1982. "Rival Interpretations of Market Society: Civilizing, Destructive, or Feeble?," Journal of Economic Literature, American Economic Association, vol. 20(4), pages 1463-1484, December.
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    Cited by:

    1. Lars Jonung, 2022. "Why was Keynes not awarded the Nobel Peace Prize after writing The Economic Consequences of the Peace?," Scandinavian Journal of Economics, Wiley Blackwell, vol. 124(2), pages 396-419, April.

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