“One pound invested for five years gives the same result as five pounds invested for one year, the product being five pound years.”
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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