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""Lionel McKenzie's contributions to economic theory are central in importance and influence. The collected essays display his priority in establishing existence of competitive equilibrium, his many additional refinements in this area, with special regard to the analysis of foreign trade, and his masterful analysis of dynamic economic problems. On rereading the latter, I realize how much there is still to be learned from his papers about the analysis of optimal economic growth.""--Kenneth J. Arrow, Stanford University
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