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William Stanley Jevons Quotes: The calculus of utility aims at supplying the ordinary wants of man at the least cost of labour.
         

The calculus of utility aims at supplying the ordinary wants of man at the least cost of labour.


William Stanley Jevons
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Other quotes of William Stanley Jevons


Value is the most invincible and impalpable of ghosts, and comes and goes unthought of, while the visible and dense matter remains as it was.

Value is the most invincible and impalpable of ghosts, and comes and goes unthought of, while the visible and dense matter remains as it was.



A little experience is worth much argument; a few facts are better than any theory.

A little experience is worth much argument; a few facts are better than any theory.



Economists can never be free of from difficulties unless they will distinguish between a theory and the application of a theory.

Economists can never be free of from difficulties unless they will distinguish between a theory and the application of a theory.



The difficulties of economics are mainly the difficulties of conceiving clearly and fully the conditions of utility.

The difficulties of economics are mainly the difficulties of conceiving clearly and fully the conditions of utility.



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.

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.



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.

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.



Logic should no longer be considered an elegant and learned accomplishment; it should take its place as an indispensable study for every well-informed person.

Logic should no longer be considered an elegant and learned accomplishment; it should take its place as an indispensable study for every well-informed person.



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.

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.



but, in reality, there is no such thing as an exact science.

but, in reality, there is no such thing as an exact science.



A correct theory is the first step towards improvement, by showing what we need and what we might accomplish.

A correct theory is the first step towards improvement, by showing what we need and what we might accomplish.





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In order to understand our life mission and answer the question “Where am I going?” we need to grow and shape our personality

In order to understand our life mission and answer the question “Where am I going?” we need to grow and shape our personality



Creativity is when a stupid clever soul gets up from bed and does amazing things that makes the world think he is wise.

Creativity is when a stupid clever soul gets up from bed and does amazing things that makes the world think he is wise.



No human, no matter how ancient, or how popular, can be above the laws of Nature.

No human, no matter how ancient, or how popular, can be above the laws of Nature.



Repeat after me, Mr. Black: I do believe in commas. I do, I do.

Repeat after me, Mr. Black: I do believe in commas. I do, I do.



Everyone plays the ball over the top and, at the moment, we only concede goals from crosses or balls over the top. I feel we will adapt to that.

Everyone plays the ball over the top and, at the moment, we only concede goals from crosses or balls over the top. I feel we will adapt to that.



If God calls you to be a minister, don't stoop to becoming a king.

If God calls you to be a minister, don't stoop to becoming a king.



There is a wrong way of staying in the world and a wrong way of fleeing from it. In both cases we are fashioning ourselves according to the world.

There is a wrong way of staying in the world and a wrong way of fleeing from it. In both cases we are fashioning ourselves according to the world.



In everyage and country, the wiser, or at least the stronger, ofthetwosexes, hasusurped thepowers ofthe state, and confined the other to the cares and pleasures of domestic life.

In everyage and country, the wiser, or at least the stronger, ofthetwosexes, hasusurped thepowers ofthe state, and confined the other to the cares and pleasures of domestic life.



I have to work, for my soul.

I have to work, for my soul.



Record companies are not necessarily interested in you realizing your artistic dream. The bottom line is that they got to sell records.

Record companies are not necessarily interested in you realizing your artistic dream. The bottom line is that they got to sell records.




Quote Description


This page presents the quote "The calculus of utility aims at supplying the ordinary wants of man at the least cost of labour.". Author of this quote is William Stanley Jevons. This quote is about men, cost, ordinary, utility, calculus, labour,.