William Stanley Jevons: Trending quotes

William Stanley Jevons trending quotes. Read the latest quotes in collection
William Stanley Jevons: 138 quotes11 likes

“By a commodity we shall understand any object, substance, action or service, which can afford pleasure or ward off pain.”

William Stanley Jevons The Theory of Political Economy

Source: The Theory of Political Economy (1871), Chapter III, Theory of Utility, p. 61.

“that in the same open market, at any one moment, there cannot be two prices for the same kind of article”

William Stanley Jevons The Theory of Political Economy

Source: The Theory of Political Economy (1871), Chapter IV, Theory of Exchange, p. 97.

“Repeated reflection and inquiry have led me to the somewhat novel opinion, that value depends entirely upon utility.”

William Stanley Jevons The Theory of Political Economy

Source: The Theory of Political Economy (1871), Chapter I, Introduction, p. 37.

“[F]acts are valueless unless connected and explained by a correct theory; […] analogies are very dangerous grounds of inference, unless carefully founded on similar conditions; […] experience misleads if it be misinterpreted.”

William Stanley Jevons

"The Railways and the State." https://archive.org/stream/essaysaddresses00oweniala#page/467/mode/2up In Essays and Addresses, Macmillan & Co., 1874, page 467.