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William Stanley Jevons Quotes

Economist

William Stanley Jevons was a British economist born on September 1, 1835, and died on August 13, 1882. He was a pioneer in the theory of marginal utility and had a profound impact on the development of economics.

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Famous William Stanley Jevons Quotes

“In short, I do not write for mathematicians, nor as a mathematician, but as an economist wishing to convince other economists that their science can only be satisfactorily treated on an explicitly mathematical basis.”

Writing Wish Bases Treated Mathematical Convince Mathematician Economist

Book:The Theory of Political Economy

Source: The Theory of Political Economy

“Economists can never be free of from difficulties unless they will distinguish between a theory and the application of a theory.”

Theory Difficulty Application Economist

Book:The Theory of Political Economy

Source: The Theory of Political Economy

“As there are so many who talk prose without knowing it, or, again, who syllogize without having the least idea what a syllogism is, so economists have long been mathematicians without being aware of the fact.”

Long Ideas Facts Knowing Prose Mathematician Economist

Book:The Theory of Political Economy

Source: The Theory of Political Economy

“The conclusion to which I am ever more clearly coming is that the only hope of attaining a true system of economics is to fling aside,once and forever, the mazy and preposterous assumptions of the Ricardian school. Our English economists have been living in a fool's paradise. The truth is with the French school, and the sooner we recognize the fact, the better it will be for all the world, except perhaps the few writers who are far too committed to the old erroneous doctrines to allow for renunciation.”

World Has Beens Facts School Forever Fool Truth Is Economics Committed Doctrine Conclusion Assumption Paradise Economist Renunciation Fling

Book:Political Economy

Source: Political Economy

“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 minute attention on a subject which doubtless furnishes the true key to the problems of economics.”

Problem Seems Lying Attention Minutes Conditions Subjects Strange Keys Economics Principal Economist Utility Tracing

Book:The Theory of Political Economy

Source: The Theory of Political Economy