William Stanley Jevons Quotes about Economics

All William Stanley Jevons Quotes Economics quotes Giving Knowledge Labour Logic Pain Science

The difficulties of economics are mainly the difficulties of conceiving clearly and fully the conditions of utility.

The difficulties of economics are mainly the difficulties of conceiving clearly and fully the conditions of utility.

William Stanley Jevons

Economics, Difficulty, Conceiving

William Stanley Jevons (1970). “The Theory of Political Economy”, Penguin (Non-Classics)

It is clear that economics, if it is to be a science at all, must be a mathematical science.

William Stanley Jevons

Math, Science, Economics

1871 The Theory of Political Economy

The theory which follows is entirely based on a calculus of pleasure and pain; and the object of economics is to maximize happiness by purchasing pleasure, as it were, at the lowest cost of pain.

William Stanley Jevons

Pain, Cost, Economics

William Stanley Jevons (1970). “The Theory of Political Economy”, Penguin (Non-Classics)

We shall never have a science of economics unless we learn to discern the operation of law even among the most perplexing complications and apparent interruptions.

William Stanley Jevons

Law, Economics, Operations

William Stanley Jevons (1970). “The Theory of Political Economy”, Penguin (Non-Classics)