The whole result of continued labour is not often consumed … - William Stanley Jevons

" "
The whole result of continued labour is not often consumed and enjoyed in a moment; the result generally lasts for a certain length of time. We must then conceive the capital as being progressively uninvested.

William Stanley Jevons

Sources available for members. Sign up free to see where this quote comes from

English

Collect this quote

About William Stanley Jevons

William Stanley Jevons (1 September 1835 – 13 August 1882) was an English economist and logician.

All quotes from William Stanley Jevons Similar Quotes by other Originators

Originators like William Stanley Jevons:

Kenneth E. Boulding Jean-Baptiste Say John Maynard Keynes Paul Samuelson Thomas Robert Malthus

Additional quotes by William Stanley Jevons

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

I need hardly stay to demonstrate that facts are valueless unless connected and explained by a correct theory; that analogies are very dangerous grounds of inference, unless carefully founded on similar conditions; and that experience misleads if it be misinterpreted.

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 whole result of continued labour is not often consumed and enjoyed in a moment; the result generally lasts for a certain length of time. We must … - William Stanley Jevons

About William Stanley Jevons

Works in ChatGPT, Claude, or Any AI

Additional quotes by William Stanley Jevons

Limited Time Offer