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William Stanley Jevons Quotes
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Many persons entertain a prejudice against mathematical language, arising out of a confusion between the ideas of a mathematical science and an exact science. ...in reality, there is no such thing as an exact science. (William Stanley Jevons Quotes)
I am convinced that it is impossible to expound the methods of induction in a sound manner, without resting them upon the theory of probability. Perfect knowledge alone can give certainty, and in nature perfect knowledge would be infinite knowledge, which is clearly beyond our capacities. We have, therefore, to content ourselves with partial knowledge-knowledge mingled with ignorance, producing doubt (William Stanley Jevons Quotes)
But, in reality, there is no such thing as an exact science (William Stanley Jevons Quotes)
Capital simply allows us to expend labour in advance (William Stanley Jevons Quotes)
Property is only another name for monopoly (William Stanley Jevons Quotes)
A little experience is worth much argument; a few facts are better than any theory (William Stanley Jevons Quotes)
The theory which follows is entirely based on a calculus of pleasure and pain; and the object of economics is to maximize happiness by purchasing pleasure, as it were, at the lowest cost of pain (William Stanley Jevons Quotes)
There are many portions of economical doctrine which appear to me as scientific in form as they are consonant with facts (William Stanley Jevons Quotes)
By a commodity we shall understand any object, substance, action or service, which can afford pleasure or ward off pain (William Stanley Jevons Quotes)
One of the first and most difficult steps in a science is to conceive clearly the nature of the magnitudes about which we are arguing (William Stanley Jevons Quotes)
The difficulties of economics are mainly the difficulties of conceiving clearly and fully the conditions of utility (William Stanley Jevons Quotes)
That in the same open market, at any one moment, there cannot be two prices for the same kind of article (William Stanley Jevons Quotes)
Economists can never be free of from difficulties unless they will distinguish between a theory and the application of a theory (William Stanley Jevons Quotes)
We shall never have a science of economics unless we learn to discern the operation of law even among the most perplexing complications and apparent interruptions (William Stanley Jevons Quotes)
A spade may be made of any size, and if the same number of strokes be made in the hour, the requisite exertion will vary nearly as the cube of the length of the blade (William Stanley Jevons Quotes)
What capital I give for the spade merely replaces what the manufacturer had already invested in the expectation that the spade would be needed (William Stanley Jevons Quotes)
One pound invested for five years gives the same result as five pounds invested for one year, the product being five pound years (William Stanley Jevons Quotes)
I consider that interest is determined by the increment of produce which it enables a labourer to obtain, and is altogether independent of the total return which he receives for this labour (William Stanley Jevons Quotes)
I feel quite unable to adopt the opinion that the moment goods pass into the possession of the consumer they cease altogether to have the attributes of capital (William Stanley Jevons Quotes)
We often observe that there is abundance of capital to be had at low rates of interest, while there are also large numbers of artisans starving for want of employment (William Stanley Jevons Quotes)
A correct theory is the first step towards improvement, by showing what we need and what we might accomplish (William Stanley Jevons Quotes)
In any case I hold that there must arise a science of the development of economic forms and relations (William Stanley Jevons Quotes)
You will perceive that economy, scientifically speaking, is a very contracted science; it is in fact a sort of vague mathematics which calculates the causes and effects of man’s industry, and shows how it may be best applied (William Stanley Jevons Quotes)
Logic is not only an exact science, but is the most simple and elementary of all sciences; it ought therefore undoubtedly to find some place in every course of education (William Stanley Jevons Quotes)
The point of equilibrium will be known by the criterion that an infinitely small amount of commodity exchanged in addition, at the same rate, will bring neither gain nor loss of utility (William Stanley Jevons Quotes)
All classes of society are trade unionists at heart, and differ chiefly in the boldness, ability, and secrecy with which they pursue their respective interests (William Stanley Jevons Quotes)
As a general rule, it is foolish to do just what other people are doing, because there are almost sure to be too many people doing the same thing (William Stanley Jevons Quotes)
Fertility of imagination and abundance of guesses at the truth are among the first requisites of discovery (William Stanley Jevons Quotes)
The child which overbalances itself in learning to walk is experimenting on the law of gravity (William Stanley Jevons Quotes)
The whole value of science consists in the power which it confers upon us of applying to one object the knowledge acquired from like objects; and it is only so far, therefore, as we can discover and register resemblances that we can turn our observations to account (William Stanley Jevons Quotes)
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