William Stanley Jevons

Political economy (eBook, ePUB)

• Format: ePub

Produktbeschreibung

William Stanley Jevons' 'Political Economy' delves into the fundamental principles of economics, exploring topics such as supply and demand, utility theory, and the role of government in the economy. The book is written in a clear and concise style, making it accessible to both scholars and general readers. Jevons' work is considered a cornerstone of neoclassical economics, influencing the development of economic thought in the late 19th century. His emphasis on mathematical methods and empirical observation set him apart from his contemporaries. William Stanley Jevons, a pioneer in the field of economics, was a key figure in the Marginal Revolution and is known for his contributions to the theory of value. His background in mathematics and logic influenced his analytical approach to economic issues. 'Political Economy' reflects his belief in the importance of using quantitative methods to understand economic phenomena. I highly recommend 'Political Economy' to anyone interested in gaining a deeper understanding of economic theory. Jevons' insights continue to be relevant today, making this book a valuable resource for students and scholars alike.

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Produktdetails

• Verlag: DigiCat
• Seitenzahl: 112
• Erscheinungstermin: 1. August 2022
• Englisch
• ISBN-13: 8596547122036
• Artikelnr.: 64760623

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.