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Topic: William Stanley Jevons


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 William Stanley Jevons   (Site not responding. Last check: 2007-11-06)
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 /404.asp?404;http://www.thoemmes.com/encyclopedia/jevons.htm   (1765 words)

  
 Jevons, William Stanley (1835-1 882)   (Site not responding. Last check: 2007-11-06)
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 and the Australian climate
Jevons was described by Lord Lionel Robbins as "one of the great Englishmen of the nineteenth century" (Robbins, 1932), not because of his meteorological work, but because he developed what has become known as the marginal utility theory of value, and because of his contributions to statistics and logic.
Jevons noted that Western Australia did not appear to suffer from long droughts as was the case in the rest of Australia, so that "we may perhaps conclude, that the climate of this part, shows less variations in the yearly rainfall than the climate of the other colonies" (p 60).
Jevons attributed the droughts to the moisture bearing "monsoon-like summer wind" on the southeast coast of the continent being "overpowered" by the mid-latitude westerlies.
www.bom.gov.au /bmrc/clfor/cfstaff/nnn/pubs/jevons.htm   (5176 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)

  
 William Stanley Jevons
Stanley Jevons (as he preferred to be called) was born in Liverpool on September 1, 1835, the ninth child of a family of prosperous iron merchants.
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.
cepa.newschool.edu /~het/profiles/jevons.htm   (3468 words)

  
 [No title]   (Site not responding. Last check: 2007-11-06)
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: 2007-11-06)
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   (496 words)

  
 Jevons
Thomas Jevons was an iron merchant but showed lots of talent both as an inventor of iron boats and as a writer on various legal and economic topics.
Stanley was sent to London to became a boarder at University College School in 1850.
Jevons claims in this work that absolute precision in observations is impossible, as is a complete correspondence between a theory and the physical situation that it models.
www.educ.fc.ul.pt /icm/icm2003/icm14/Jevons.htm   (1705 words)

  
 William Stanley Jevons / Biography   (Site not responding. Last check: 2007-11-06)
William Stanley Jevons was born in Liverpool, England.
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 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 / 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)

  
 Jevons paradox - Wikipedia, the free encyclopedia
In economics, the Jevons Paradox is an observation made by William Stanley Jevons who stated that as technological improvements increase the efficiency with which a resource is used, total consumption of that resource may increase, rather than decrease.
One way to understand this is to observe that an increase in the efficiency with which a resource (e.g., fuel) is used is effectively equivalent to a decrease in the price of what the use of that resource achieves (e.g., work).
In his 1865 book The Coal Question, Jevons observed that England's consumption of coal soared after James Watt introduced his coal-fired steam engine, which greatly improved the efficiency of Thomas Newcomen's earlier design.
en.wikipedia.org /wiki/Jevons_paradox   (338 words)

  
 Jevons Outline   (Site not responding. Last check: 2007-11-06)
William Stanley Jevons (1835-1882) is widely acknowledged as one of the nineteenth century political economists who greatly contributed to the transformation of political economy on a theoretical and empirical plane.
Jevons revolutionized - indeed introduced - measurement in economics on the assumption that the universe, the natural and the social, was governed by mechanical laws; mechanical analogies were of major importance in Jevons's approach to measurement.
Jevons summarized his strategies to measurement in his magnum opus The Principles of Science (1874), as he had practiced them in his major statistical studies in the 1860s.
www.apnet.com /refer/measure/Outlines/jevons.htm   (212 words)

  
 History of Economics: HES List Guest Editorial -- Mosselmans
Abstract of Cracking the Canon: William Stanley Jevons and the Deconstruction of "Ricardo"
According to Jevons, population growth is fostered by the use of coal.
In Jevons the scarcity is external, since it concerns the external engine of human progress becoming scarce because of objective societal mechanisms which have nothing to do with the misbehaviour of human free will.
www.eh.net /HE/hes_list/Editorials/mosselmans.php   (1634 words)

  
 Pure Logic or the Logic of Quality apart from Quantity   (Site not responding. Last check: 2007-11-06)
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.
William Stanley Jevons was born in Liverpool in 1835, the son of an iron merchant.
Jevons was particularly keen to raise the status of the logic as a science in its own right, and as one shorn of metaphysics.
rylibweb.man.ac.uk /data2/archivehub/jevhub.sgm   (1279 words)

  
 William Stanley Jevons -   (Site not responding. Last check: 2007-11-06)
It should also be noted that Jevons did not explicitly distinguish between the concepts of ordinal and cardinal utility.
Although Jevons never explicitly makes the distinction it is obvious that he preferred the concept of an ordinal utility.
His strength lay in his power as an original thinker rather than as a critic; and he will be remembered by his constrictive work as logician, economist and statistician.
psychcentral.com /psypsych/William_Stanley_Jevons   (1783 words)

  
 William Stanley Jevons
English economist and logician, born at Liverpool on the 1st of September 1835.
It was not until 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.
But a certain exaggeration of emphasis may be pardoned in a writer seeking to attract the attention of an indifferent public.
www.nndb.com /people/870/000101567   (1305 words)

  
 ECONOMISTS' PAPERS Series One: The Papers of William Stanley Jevons, 1835-1882, from the John Rylands University ...
The aim of this project is to provide original manuscripts and papers of individual economists and organisations of note in the development of economic theory, history and science in the nineteenth and twentieth centuries.
Keynes comments "The last third of Jevons’ life after his was thirty (Jevons died early, aged only 46) was mainly devoted to the elucidation and amplification of what in essence he had already discovered".
Jevons first elaborated his new system of theoretical political economy in a paper as early as 1862.
www.adam-matthew-publications.co.uk /collections_az/Econ1-Jevons/description.aspx   (656 words)

  
 The Principles of Science. : JEVONS, (William Stanley)   (Site not responding. Last check: 2007-11-06)
William Stanley Jevons [1835-1882] senior is better known for his great innovations in economics and for marginal utility theory in particular and yet he was a polymath of the highest order retaining an interest in the physical sciences as is evidenced by this volume.
Jevons` son followed in his father`s illustrious footsteps and contributed an early opinion on Coal as a finite resource that is still well regarded.
The letter to Crew from Jevons the younger seems to be their first contact and sets out an itinerary and anticipates the hospitality of the Northwestern Professor.
www.maggs.com /title/MO37570.asp   (242 words)

  
 [No title]   (Site not responding. Last check: 2007-11-06)
This paper defends the view that an historical author de- and reconstructs the contemporary canon out of the perception of his or her (economic) environment.
We argue that the 'railway boom crisis' of 1847/8 forms an 'external shock' in Jevons's life, which leads him to the experience that the economic system is not harmonious, but determined by outward events.
We describe how the death of his father in 1865 leads Jevons to a reflection on 'selfishness', which shifts his attention from the natural towards the social sciences.
cfec.vub.ac.be /cfec/canon2.html   (275 words)

  
 [ASC-media] Jevons symposium at the Powerhouse Museum
Jevons, who would later find fame an economist, logician, statistician and philosopher of science, lived in Sydney between 1854 and 1859, working as an assayer at the Sydney Mint.
The program of the symposium follows: THE CURIOUS ECONOMIST: WILLIAM STANLEY JEVONS IN SYDNEY A Powerhouse Museum Symposium Presented in association with Monash University 29 October 2004 2004 marks the 150th anniversary of William Stanley Jevons' arrival in Sydney.
The Powerhouse Museum is opening an exhibition on William Stanley Jevons in Sydney on 29 October.
lists.asc.asn.au /pipermail/asc-media/2004-October/001214.html   (419 words)

  
 JRULM: Special Collections Guide: Jevons Family Papers   (Site not responding. Last check: 2007-11-06)
Papers of the Jevons family, especially William Stanley Jevons (1835-1882), Professor of Logic, Mental and Moral Philosophy, and Political Economy at Owens College, Manchester, 1866-1876, and Professor of Political Economy at University College, London, 1876-1880.
William Stanley Jevons was a true polymath, whose research spanned many disciplines.
His outstanding contributions were in the fields of economics and logic (he has been described as the founder of mathematical economics), but his published writings also encompassed chemistry, meteorology, geology, astronomy, geometry, physiology, sociology and the philosophy of science.
rylibweb.man.ac.uk /data2/spcoll/jevons   (232 words)

  
 WILLIAM STANLEY JEVONS - LoveToKnow Article on WILLIAM STANLEY JEVONS   (Site not responding. Last check: 2007-11-06)
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 would be difficult to exaggerate the loss which logic and political economy sustained through the accident by which his life was prematurely cutshort.
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.
www.1911ency.org /J/JE/JEVONS_WILLIAM_STANLEY.htm   (1400 words)

  
 William Stanley Jevons and the Making of Modern Economics - Cambridge University Press
The Victorian polymath William Stanley Jevons (1835 82) is generally and rightly venerated as one of the great innovators of economic theory and method in what came to be known as the ‘marginalist revolution’.
Jevons’s uniform approach to the sciences was based on a firm belief in the mechanical constitution of the universe and a firm conviction that all scientific knowledge was limited and therefore hypothetical in character.
By using mechanical analogies as instruments of discovery, Jevons was able to bridge the divide between theory and statistics that had become more or less institutionalized in mid nineteenth century Britain.
www.cambridge.org /uk/catalogue/catalogue.asp?isbn=0521827124   (248 words)

  
 JEVONS, WILLIAM STANLE... - Online Information article about JEVONS, WILLIAM STANLE...   (Site not responding. Last check: 2007-11-06)
WILLIAM (A.S. Wilhelm, O. Norse Vilhidlmr; O. Ger.
In this work Jevons embodied the substance of his earlier works on pure logic and the substitution of similars; he also enunciated and developed the view that See also:
His Studies in Deductive Logic, consisting mainly of exercises and problems for the use of students, was published in r880.
encyclopedia.jrank.org /JEE_JUN/JEVONS_WILLIAM_STANLEY_1835_188.html   (2003 words)

  
 Jevons, William Stanley on Encyclopedia.com   (Site not responding. Last check: 2007-11-06)
Jevons and Menger re-homogenized?: Jaffe after 20 years.
Menger, Jevons, and Walras un-homogenized, de-homogenized, and homogenized: a comment on Peart.
William Playfair and his graphical inventions: an excerpt from the introduction to the republication of his Atlas and Statistical Breviary.
www.encyclopedia.com /html/J/Jevons-W1.asp   (408 words)

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