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  William Stanley Jevons - Wikipedia, the free encyclopedia
Jevons' work, along with similar discoveries made by Carl Menger in Vienna (1871) and by Léon Walras in Switzerland (1874), marked the opening of a new period in the history of economic thought.
Jevons broke off his studies of the natural sciences in London in 1854 to work as an assayer in Sydney, where he acquired an interest in political economy.
It was not till after the publication of this work that Jevons became acquainted with the applications of mathematics to political economy made by earlier writers, notably Antoine Augustin Cournot and HH Gossen.
en.wikipedia.org /wiki/Jevons   (1636 words)

  
 William Stanley Jevons   (Site not responding. Last check: 2007-11-01)
William Stanley Jevons was born in Liverpool on 1 September 1835 and died near Hastings on 13 August 1882, leaving a wife (Harriet Taylor, daughter of the owner of The Guardian) and three young children.
Jevons attended Liverpool Mechanics’ Institute High School at the age of eleven, and then, after an interlude of two years at a grammar school, was sent to the preparatory school of University College London (UCL).
Unquestionably, Jevons had what may be called a practitioner’s eye for philosophical issues in the sciences, from the imperfection of measuring instruments to the difficulties in making controlled experiments to the apparent impossibility in some sciences, such as the astronomy of the day, of conducting experiments at all.
www.thoemmes.com /encyclopedia/jevons.htm   (1765 words)

  
 Jevons, William Stanley (1835-1 882)   (Site not responding. Last check: 2007-11-01)
Jevons was the ninth child of Thomas Jevons, a Liverpool iron merchant, and Mary Arm, daughter of William Roscoe, a noted banker, historian and art collector of the same city.
Jevons proceeded to a deseription of post-trade equilibrium.
Jevons had presented a 'wage-fund' explanation for the (entrepteneurial) 'short-run' and an explanation of 'long-run' wages that is hard to distinguish from 'natural wage' doctrine (especially in its Smithian form, where the 'natural' wage for.common labour' is merely the current 'centre of gravity' and not necessarily a minimum 'subsistence' wage).
staff-www.uni-marburg.de /~multimed/theorie/economics/grenznutzen/bios/Jevons.html   (10416 words)

  
 William Stanley Jevons -- Facts, Info, and Encyclopedia article   (Site not responding. Last check: 2007-11-01)
Jevons' work, along with similar discoveries made by (additional info and facts about Carl Menger) Carl Menger in Vienna (1871) and by (additional info and facts about Léon Walras) Léon Walras in (A landlocked federal republic in central Europe) Switzerland (1874), marked the opening of a new period in the history of economic thought.
The most important of his works on (The branch of philosophy that analyzes inference) logic and (A method of investigation involving observation and theory to test scientific hypotheses) scientific methods is his Principles of Science (1874), as well as The Theory of Political Economy (1871) and The State in Relation to Labour (1882).
It was not till after the publication of this work that Jevons became acquainted with the applications of mathematics to political economy made by earlier writers, notably Antoine Augustin Cournot and (additional info and facts about HH Gossen) HH Gossen.
www.absoluteastronomy.com /encyclopedia/w/wi/william_stanley_jevons.htm   (1462 words)

  
 William Stanley Jevons
Jevons was perhaps the first economist to argue that the phases of business activity had a regular, measurable and predictable periodicity.
Although Jevons had renounced Benthamite utilitaranism as a workable political or ethical philosophy in his 1871 Theory (as distinct from the use of the utility concept to illustrate the "simple and restricted" problem of economic exchange), his work on social philosophy and public policy (1879, 1882, 1883) resurrected the theme.
Jevons did not deny, to use his famous example, that a public library increased "social utility" more than a race-track, but he denied that its superiority lay in Mill's distinction between a "high quality" pleasure (reading) and a "low quality" pleasure (betting).
cepa.newschool.edu /het/profiles/jevons.htm   (3468 words)

  
 [No title]   (Site not responding. Last check: 2007-11-01)
A second major area of policy concern for Jevons was labor-capital strife which he believed was entering a new, potentially destructive phase with the growth of trade unionism: “[C]an anyone truly say that experience is in favour of the present relations of capital and labour?” Fundamental change in labor-capital relations was necessary.
Under these circumstances, she suggests that it is easily understood “how Jevons, brought up in circles concerned with social improvement, himself became absorbed in the subject of towns and in exploring London.” Jevons’s interest in public issues evidently was on-going with, and even preceded, his interest in formulating a new theory of economics.
Jevons interpreted Ricardo narrowly this way perhaps to facilitate his attack on the natural rate of wages doctrine, intending to undermine its credibility in the face of persistently rising real wages and diverse wage rates.
www.suu.edu /faculty/bowman/Econ3790/JevonsTheory&Policy.htm   (8119 words)

  
 Economics Interactive   (Site not responding. Last check: 2007-11-01)
William Stanley Jevons belongs to the group of economists whose school of thought dominated economics for a half-century after the death of John Stuart Mill in 1873.
But in 1871, Jevons ensured his place in the history of economic thought with his Theory of Political Economy, which based the theory of value and exchange on the principles of marginal utility.
Jevons was convinced that both total utility and marginal utility could be measured precisely.
www.unc.edu /depts/econ/byrns_web/HET/Pioneers/jevons.htm   (447 words)

  
 WILLIAM STANLEY JEVONS - LoveToKnow Article on WILLIAM STANLEY JEVONS   (Site not responding. Last check: 2007-11-01)
He now gave his principal attention to the moral sciences, but his interest in natural science was by no means exhausted: throughout his life he continued to write occasional papers on scientific subjects, and his intimate knowledge of the physical sciences greatly contributed to the success of his chief logical work, Tile Principles of Science.
It was not till after the publication of this work that Jevons became acquainted with the applications of mathematics to political economy made by earlier writers, notably Antoine Augustin Cournot and H. Gossen.
His strength lay in his power as an original thinker rather than as a critic; and he will be remembered by his constrtictive work as logician, economist and statistician.
www.1911encyclopedia.org /J/JE/JEVONS_WILLIAM_STANLEY.htm   (1400 words)

  
 Jevons   (Site not responding. Last check: 2007-11-01)
In 1867 Jevons married Harriot Ann Taylor, one of the daughter's of the founder and first editor of the Manchester Guardian (founded in 1821 as the weekly, it had become a daily paper in 1855).
Jevons and Boole corresponded in 1863 and 1864, and this correspondence is published in [12].
In many ways this showed one weakness that Jevons had, namely that although he was advocating a mathematical approach to many problems, his lack of understanding of Boole's mathematics in particular shows that he could not fully appreciate it.
www-groups.dcs.st-and.ac.uk /~history/Mathematicians/Jevons.html   (1755 words)

  
 William Stanley Jevons / Biography   (Site not responding. Last check: 2007-11-01)
Jevons was very influenced by utilitarianism which is an ethical theory which states that questions of social policy and individual morality should be answered by calculating the consequences of policies or actions on the utility of individuals.
Jevons was was a strong proponent of mathmatical economics.
Jevons also formulated the "equation of exchange", which shows that for a consumer to be maximizing his or her utility,"the ratio of the marginal utility of each item consumed to its price must be equal."
www.cooperativeindividualism.org /jevonsbio.html   (268 words)

  
 William Stanley Jevons, Biography: The Concise Encyclopedia of Economics: Library of Economics and Liberty
Jevons was one of three men to simultaneously advance the so-called "marginal revolution." Working in complete independence of one another—Jevons in Manchester, England; Leon Walras in Laussane, Switzerland; and Carl Menger in Vienna—each scholar developed the theory of marginal utility to understand and explain consumer behavior.
Jevons went on to define the "equation of exchange." This equation shows that for a consumer to be maximizing his or her utility, the ratio of the marginal utility of each item consumed to its price must be equal.
Jevons failed to appreciate the fact that as the price of an energy source rises, entrepreneurs have a strong incentive to invent, develop, and produce alternate sources.
www.econlib.org /library/Enc/bios/Jevons.html   (872 words)

  
 Jevons' paradox   (Site not responding. Last check: 2007-11-01)
Jevons argued that British industrial growth had relied on cheap coal and that the increasing cost of coal, as deeper seams were mined, would generate economic stagnation.
Jevons argued that neither technology nor substitutability (that is, the substitution of other energy sources for coal) could alter this.
Jevons went on to argue in detail that the whole history of the steam engine was a history of successive economies in its use- and each time this led to further increases in the scale of production and the demand for coal.
www-dse.ec.unipi.it /luzzati/italiano/didattica/jevonsparadox.htm   (665 words)

  
 William Stanley Jevons Biography / Biography of William Stanley Jevons Biography
Jevons was a utilitarian, treating economics as a calculus of pleasure and pain.
Jevons found the economic theory of David Ricardo and John Stuart Mill, that value rests upon cost of production, to be unacceptable, but he did not succeed in getting wide acceptance of his own advances in economic theory.
Jevons developed concepts of market processes and economic equilibrium, using diagrams of the general type familiar to students of economics.
www.bookrags.com /biography-william-stanley-jevons   (573 words)

  
 Encyclopedia: William Stanley Jevons   (Site not responding. Last check: 2007-11-01)
Sydney Harbour looking south from the vicinity of the Sydney Harbour Bridge towards the CBD skyline; the Opera House is visible in the background on the left.
Marshall Jevons is the name of a ficticious writer invented by William Breit and Kenneth G. Elzinga, professors of economics at Trinity University and the University of Virginia, respectively.
A pseudonym (Greek: false name) is a fictitious name used by an individual as an alternative to their legal name (whereas an allonym is the name of another actual person assumed by one person in authorship of a work of art; e.
www.nationmaster.com /encyclopedia/William-Stanley-Jevons   (2815 words)

  
 Monthly Review December 2000 John Bellamy Foster
William Stanley Jevons (1835-1882) is best known as a British economist who was one of the pioneers of contemporary neoclassical economic analysis, with its subjective value theory rooted in marginal utility.
Jevons went on to argue in detail that the whole history of the steam engine was a history of successive economies in its use— and each time this led to further increases in the scale of production and the demand for coal.
Jevons had called coal the “general agent” on which the entire British industrial system depended and the economical use of (or cheapness) of coal as what allowed industry to thrive.
www.monthlyreview.org /1200jbf.htm   (4065 words)

  
 28486-3-II - Bradley Jevons, Appellant v. State of Washington, Respondent File Date: 04/29/2003
Jevons, an employee of a company the Department of Transportation (DOT) hired to build a bridge, fell from the bridge and was badly hurt.
Jevons fell through the deck and was seriously injured when he landed about 75 feet below.
DOT did not owe Jevons a common law duty of care based on retained control; it did not retain control over the manner in which Wilder conducted its work.
www.mrsc.org /mc/courts/slip/appellate/284863MAJ.htm   (1784 words)

  
 Pure Logic or the Logic of Quality apart from Quantity   (Site not responding. Last check: 2007-11-01)
William Stanley Jevons was one of the outstanding economists of the nineteenth century, who played a central role in the development of the "marginal revolution", which marked the beginning of modern neo-classical economics.
Jevons was particularly keen to raise the status of the logic as a science in its own right, and as one shorn of metaphysics.
Jevons was something of a polymath with interests in theories of sunspots, Brownian movement of microscopic particles in liquids and rainbows.
rylibweb.man.ac.uk /data2/archivehub/jevhub.sgm   (1279 words)

  
 Analysis of Jevons   (Site not responding. Last check: 2007-11-01)
In hindsight, he most obvious thing that Jevons could not have known about was the impending availability of new energy sources.
Another relevant fact that would have been difficult for Jevons to predict is the discovery of coal deposits elsewhere in the world.
While it might not be reasonable to expect Jevons to predict the discovery of new coalfields or energy sources, it should always be assumed (unless there is especially compelling evidence to the contrary) that commercial technology will develop gradually.
www.stanford.edu /~dreiss/jevons.html   (389 words)

  
 HES: JOKE -- Jevons, Marx and Keynes
Jevons, Marx and Keynes are sitting in a pub, discussing the labour theory of value and the Irish question, and simultaneously they are having a drinking contest.
Jevons sits quietly on his barstool, both his hands behind his back, an untouched glass of white wine in front of him.
It turns out that the solar battery of his logical abacus was malfunctioning, because Jevons miscalculated the length of the sun spot cycle.
www.eh.net /lists/archives/hes/jul-2001/0019.php   (423 words)

  
 American Journal of Economics and Sociology, The: Jevons and Menger re-homogenized?: Jaffe after 20 years - W.S. ...
Jevons possessed some insights into interrelationships throughout the economy, and his analysis of exchange also presupposes a catallactic community (Creedy 1992, p.
Jevons, in fact, has suffered some rather harsh criticism for neglecting the issue.
For both Menger and Jevons, the key economic phenomenon requiring explanation was the act of exchange.(7) Given prices, exchange occurred as long as a preponderance of utility gain resulted; exchange ceased when the (given) ratio of exchange equaled the ratio of the final degrees of utility.
www.findarticles.com /p/articles/mi_m0254/is_n3_v57/ai_21057498   (1308 words)

  
 Ivars Peterson's MathTrek - Murder and the Economist   (Site not responding. Last check: 2007-11-01)
Like a professor determined to instruct, the author can't resist the temptation to halt the narrative to present minitutorials on various subjects, from the basics of constructing the drums used by a Caribbean steel band to the pricing strategy of Filene's basement in Boston and the intricacies of operating an ocean liner.
Marshall Jevons is actually a pseudonym for two economics professors: William Breit of Trinity University in San Antonio, Texas, and Kenneth G. Elzinga of the University of Virginia in Charlottesville.
Jevons codeveloped marginal utility theory, which explains the value of goods and services in terms of the subjective valuation of consumers.
www.maa.org /mathland/mathtrek_1_12_98.html   (889 words)

  
 First Edition by William Stanley Jevons: The Logical Piano
Jevons article illustrated with three full-page plates bound in rear.
Jevons invented a "logical piano" (so named because it resembled a small upright piano) that could perform, through a sequence of switches, various types of logical calculations.
In doing so, he became "the first person to construct a machine with sufficient power to solve a complicated problem faster than the problem could be solved without the machine's aid" (Goldstine).
www.theworldsgreatbooks.com /jevons.htm   (256 words)

  
 The American Journal of Economics and Sociology: Jevons and Menger re-homogenized?: Jaffe after 20 years. (W.S. Jevons, ...   (Site not responding. Last check: 2007-11-01)
The American Journal of Economics and Sociology: Jevons and Menger re-homogenized?: Jaffe after 20 years.
Following Jaffe's 1976 argument, the effort to de-homogenize Jevons, Walras, and Menger may have obscured some key similarities between Jevons and Menger.
The article argues that Jevons's view of human behavior is more complex than has been allowed, and has much in common with Menger's predisposition for process, uncertainty, mistakes, and the significance of time in decision making.
www.highbeam.com /library/doc0.asp?DOCID=1G1:21057498&refid=ip_encyclopedia_hf   (267 words)

  
 American Journal of Economics and Sociology, The: Jevons and Menger re-homogenized? Jaffe after 20 years: a comment on ...
From this perspective, the strong disagreement between Jaffe and Peart concerning the relation between Menger and Jevons is not of paramount importance.
As long as Peart organizes her comparison of the authors mostly around the theory-practice distinction, she is exploring a different thesis that is in some aspects incommensurable with other arguments based on different analytical purposes.
As a result, Peart illustrates through this comparison how Jevons had a more complex view of human behavior than his interpreters usually allow and some similarities between Jevons and Menger are left unexplored when the historiography of marginalism focuses on other analytical aims.
www.findarticles.com /p/articles/mi_m0254/is_n3_v57/ai_21057502   (1216 words)

  
 The curious economist: William Stanley Jevons in Sydney
While his name is not generally well known today, Jevons is credited with having made economics a mathematical discipline, and he is regarded as one of the founders of the form of neo-classical economics that dominates our current economic thinking and political discourse.
Given William Stanley Jevons' participation in, and influence upon, fields as diverse as science, photography and urban geography, and particularly as this work was conducted in colonial Sydney, the Powerhouse Museum is ideally placed to mount this exhibition.
The Museum collection includes Jevons' telescope, along with assaying equipment from the Mint (including balances) and examples of the coins produced, and photographic equipment of the kind used by Jevons and his photography circle.
www.powerhousemuseum.com /exhibitions/jevons.asp   (698 words)

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