Political economy (eBook)

William Stanley Jevons (Autor)

eBook Download: EPUB

2022
112 Seiten
DigiCat (Verlag)
859-654712203-6 (EAN)

Infos

In "Political Economy," William Stanley Jevons presents a pioneering examination of economic theory through the lens of utilitarianism and marginalism. Written in the late 19th century, this work occupies a crucial position within the context of classical economics and the emerging neoclassical paradigm. Jevons employs a clear and systematic literary style, combining rigorous mathematical analysis with accessible prose, making complex concepts understandable for a broader audience. He introduces the notion of utility as central to decision-making processes, which reflects the evolving dialogue on the value of commodities and human behavior in market dynamics. William Stanley Jevons, an influential British economist and logician, laid the groundwork for modern economic thought. His keen interest in the principles of utility and efficient resource allocation can be traced back to his scientific background and involvement in the study of logic. Jevons's commitment to empirical observation and his dissatisfaction with prior economic theories propelled him to advance these ideas, culminating in this seminal text that challenges traditional views on value and exchange. For anyone interested in understanding the foundations of economic theory and its practical implications, Jevons's "Political Economy" is an essential read. It not only serves as an intellectual milestone in the evolution of economics but also encourages readers to contemplate the broader societal impacts of economic decisions. This work is invaluable for students, scholars, and practitioners seeking to deepen their comprehension of economic principles and their relevance in contemporary discourse.

Autor

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.

Produkt-Details

• Erscheint lt. Verlag: 1.8.2022
• Verlagsort: Prague
• Sprache: englisch
• Themenwelt: Literatur
• Themenwelt: Wirtschaft ► Volkswirtschaftslehre
• Schlagworte: 19th century • 19th century economics • 19th century political economy • analytical approach • british author • British economists • capitalism critique • Classical Economics • classical economics books • Demography • economic principles • Economics • Economic Theory • economic theory classics • Empirical observation • historical context • History of Economic Thought • Industrial Revolution • Jevons economic principles • Marginal Revolution • marginal utility theory • Mathematical Analysis • Neoclassical Economics • Philosophy of economics • Quantitative Methods • Role of Government • Social Philosophy • Utility Theory • Value theory • Victorian era authors • William Stanley Jevons