William Stanley Jevons

Political economy (eBook, ePUB)

Exploring Economic Principles and Theories in the 19th Century

• Format: ePub

Produktbeschreibung

In 'Political Economy' by William Stanley Jevons, readers are introduced to a comprehensive study of economics as it was understood in the 19th century. Jevons delves into the principles of economics, discussing topics such as supply and demand, utility, and the theory of exchange. His writing is characterized by a clear and logical presentation, making complex economic concepts accessible to a wide audience. This book stands as a seminal work in the field of political economy, influencing future economists and policymakers. Jevons' work reflects the intellectual climate of his time, combining classical economic theories with emerging ideas in the field. His insights offer valuable perspectives on the development of economic thought and remain relevant in contemporary economic discourse. Readers interested in the history of economics and the foundational principles of the field will find 'Political Economy' a stimulating and enlightening read.

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Produktdetails

• Verlag: Good Press
• Seitenzahl: 203
• Erscheinungstermin: 26. November 2019
• Englisch
• ISBN-13: 4057664624284
• Artikelnr.: 58562177

Autorenporträt

William Stanley Jevons (1835-1882) was a pioneering British economist and logician, instrumental in the Marginal Revolution and the early development of neoclassical economics. As a polymath, he also delved into subjects as diverse as logic, meteorology, and the problem of coal depletion in Britain. Jevons's most outstanding contribution to economics is encapsulated in 'The Theory of Political Economy' (1871), where he expounded on the concept of marginal utility and its impact on price formation. His innovative approach laid the groundwork for utility theory in economics, highlighting the subjective nature of value and its role in economic decision-making. Renowned for his application of statistical methods to economic data, Jevons also wrote 'The Coal Question' (1865), which analyzed the sustainability of coal production and its implications for economic growth. Jevons's intellectual rigour and methodological contributions were foundational in transforming economics into a more scientific discipline, underpinning the analysis of consumer behaviour and market dynamics. His clear, analytical, and often quantitative literary style mirrored the precision he demanded in economic reasoning, and his legacy continues to influence economic thought to this day.