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9781616407735: The Theory of Political Economy
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W. Stanley Jevons strives to express his individual view of the political economy while expanding upon previous theories and texts by other authors such as Adam Smith, T.R. Malthus, and J.S. Mill. This fifth edition of The Theory of Political Economy offers new concepts and a unique approach to the established economic doctrine. In addition, H. Stanley Jevons, the son of the author, supplies readers with an expanded comprehensive bibliography of mathematical-economic texts from 1857-1888 as well as prefaces written by his mother, father, and himself. English economist and logician WILLIAM STANLEY JEVONS (1835-1882) was born in Liverpool. He studied chemistry and botany at University College, London, and was later professor of logic and political economy at Owens College, Manchester. He is also the author of The Theory of Political Economy (1871) and The State in Relation to Labour (1882).

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Review:

"Jevons's The Theory of Political Economy marks the watershed between classical and neoclassical economics. Jevons provided lengthy arguments for the mathematization of economic theory as well as for the priority of the utility theory of value in place of the labour theory of value that had been central to economics since John Locke. This book will enlighten any reader wishing to understand the essential nature of contemporary mainstream economics. And like all pathbreaking works, it also raises questions that have since been forgotten, questions about the measurement of utility, the justification for using continuous mathematical functions, or the definition of capital. Spending time with Jevon's brilliant and polymathic mind will amply reward any inquisitive reader."

Margaret Schabas, Professor of Philosophy, University of British Columbia, Canada

Book Description:
Leading political economist William Stanley Jevons brought mathematical methods to the study of economics. This book fuses the relationship between mathematics and the Theory of Utility

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  • PublisherCosimo Classics
  • Publication date2012
  • ISBN 10 1616407735
  • ISBN 13 9781616407735
  • BindingPaperback
  • Edition number5
  • Number of pages414
  • Rating

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