Stanley Jevons
historical figure · 2 works · 2 mentions · 4 anchored passages
Jevons · Mr. Stanley Jevons · Professor Jevons · Professor Stanley Jevons · the late Professor Stanley Jevons
in the texts
Commercial Crises of the Nineteenth Century
Economist who proposed that commercial crises were linked to bad harvests and sunspots; his theory is ridiculed in the text
Stanley Jevons traced crises to periods of bad harvests, and then, triumphantly connecting bad harvests with spots on the sun, referred the whole of our social troubles in this particular to these strange changes in that great body.
Economics of Socialism
English economist whose theory of final utility as the determinant of exchange value is the primary target of Hyndman's critique.
“(1) Value in use equals total utility.
Final degree of utility determines value.
(2) Esteem equals final degree of utility.