“It is worth pointing out that in this particular study our authors have abandoned demand and supply functions as a tool for analysis, even as applied to individuals… [The problem] has been reformulated as one of proving that a number of maximizations of individual goals under interdependent restraints can be simultaneously carried out.”

— Tjalling Koopmans

Source: Three Essays (1957), p. 60, as cited in: Mitra-Kahn, Benjamin H. "General Equilibrium Theory, its history and its relation (if any) to the Market Economy." (2005).

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Tjalling Koopmans 16

Dutch American economist 1910–1985

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