William Stanley Jevons
English economist and logician
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Economics Philosophy
Why Is William Stanley Jevons Influential?
(Suggest an Edit or Addition)According to Wikipedia, William Stanley Jevons was an English economist and logician. Irving Fisher described Jevons's book A General Mathematical Theory of Political Economy as the start of the mathematical method in economics. It made the case that economics, as a science concerned with quantities, is necessarily mathematical. In so doing, it expounded upon the "final" utility theory of value. Jevons' work, along with similar discoveries made by Carl Menger in Vienna and by Léon Walras in Switzerland , marked the opening of a new period in the history of economic thought. Jevons's contribution to the marginal revolution in economics in the late 19th century established his reputation as a leading political economist and logician of the time.
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What Are William Stanley Jevons's Academic Contributions?
William Stanley Jevons has made the following academic contributions: