The point of equilibrium will be known by the criterion that an infinitely small amount of commodity exchanged in addition, at the same rate, will bring neither gain nor loss of utility.
Value is the most invincible and impalpable of ghosts, and comes and goes unthought of, while the visible and dense matter remains as it was. - William Stanley Jevons
Value is the most invincible and impalpable of ghosts, and comes and goes unthought of, while the visible and dense matter remains as it was.
- William Stanley Jevons
It seems perfectly clear that Economy, if it is to be a science at all, must be a mathematical science. There exists much prejudice against attempts … - William Stanley Jevons
It seems perfectly clear that Economy, if it is to be a science at all, must be a mathematical science. There exists much prejudice against attempts …
My principal work now lies in tracing out the exact nature and conditions of utility. It seems strange indeed that economists have not bestowed more … - William Stanley Jevons
My principal work now lies in tracing out the exact nature and conditions of utility. It seems strange indeed that economists have not bestowed more …
The difficulties of economics are mainly the difficulties of conceiving clearly and fully the conditions of utility. - William Stanley Jevons
The difficulties of economics are mainly the difficulties of conceiving clearly and fully the conditions of utility.
PLEASURE and pain are undoubtedly the ultimate objects of the calculus of economics. To satisfy our wants to the utmost with the least effort - to pr… - William Stanley Jevons
PLEASURE and pain are undoubtedly the ultimate objects of the calculus of economics. To satisfy our wants to the utmost with the least effort - to pr…
Labour once spent has no influence on the future value of any article; it isgone and lost for ever. In commerce bygones are forever bygones; and we a… - William Stanley Jevons
Labour once spent has no influence on the future value of any article; it isgone and lost for ever. In commerce bygones are forever bygones; and we a…
Economists can never be free of from difficulties unless they will distinguish between a theory and the application of a theory. - William Stanley Jevons
Economists can never be free of from difficulties unless they will distinguish between a theory and the application of a theory.
A little experience is worth much argument; a few facts are better than any theory. - William Stanley Jevons
A little experience is worth much argument; a few facts are better than any theory.
A correct theory is the first step towards improvement, by showing what we need and what we might accomplish. - William Stanley Jevons
A correct theory is the first step towards improvement, by showing what we need and what we might accomplish.
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