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William Stanley Jevons Quotes: 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.


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.



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.



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.

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.





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Have a scaffold erected in the square. We shall hang a traitor or two before dinner. And perhaps afterwards as well.” - Princess Karena

Have a scaffold erected in the square. We shall hang a traitor or two before dinner. And perhaps afterwards as well.” - Princess Karena



The single most important factor in our long-term happiness is the relationships we have with our family and close friends.

The single most important factor in our long-term happiness is the relationships we have with our family and close friends.



I'll write maybe one long paragraph describing the events, then a page or two breaking the events into chapters, and then reams of pages delving into my characters. After that, I'm ready to begin

I'll write maybe one long paragraph describing the events, then a page or two breaking the events into chapters, and then reams of pages delving into my characters. After that, I'm ready to begin



When it comes to details, more is not necessarily better.

When it comes to details, more is not necessarily better.



No, I try not to be a negative thinker.

No, I try not to be a negative thinker.



Retirement is the beginning of life, not the end.

Retirement is the beginning of life, not the end.



My life has improved so much since I stopped doing interviews.

My life has improved so much since I stopped doing interviews.



Hide-and-seek, grown-up style. Wanting to hide. Needing to be sought. Confused about being found.

Hide-and-seek, grown-up style. Wanting to hide. Needing to be sought. Confused about being found.



I used to be very ambitious. But reality taught me that ambition won't get you everything you want. You need more than just passion and hope. It's important to do what I'm good at and suits me.

I used to be very ambitious. But reality taught me that ambition won't get you everything you want. You need more than just passion and hope. It's important to do what I'm good at and suits me.



There are two reasons for drinking wine...when you are thirsty, to cure it; the other, when you are not thirsty, to prevent it... prevention is better than cure.

There are two reasons for drinking wine...when you are thirsty, to cure it; the other, when you are not thirsty, to prevent it... prevention is better than cure.




Quote Description


This page presents the quote "The difficulties of economics are mainly the difficulties of conceiving clearly and fully the conditions of utility.". Author of this quote is William Stanley Jevons. This quote is about economics, conditions, utility, conceiving, difficulty,.