“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 procure the greatest amount of what is desirable at the expense of the least that is undesirable - in other words, to maximize pleasure, is the problem of economics.”
Quote by William Stanley Jevons
Work
The Theory of Political Economy
This book delves into the core concepts of political economy, examining economic systems, market dynamics, and the role of government in economic affairs. It is considered a seminal work in the development of economic thought. more
Author
William Stanley Jevons
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. more
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