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.
It was written as a direct challenge to the whole of what is called the Jevonian school, the followers of the late Professor Stanley Jevons.
The theory is, of course, associated with the name of the late Professor Stanley Jevons, and is accepted at the present time by many academic economists, of whom the chief is Professor Alfred Marshall.
If, however, Professor Jevons showed himself inconsistent, incapable, and confused in his theories of value in exchange, labour, and capital, he was equally at a loss when he came to the discussion of practical questions.