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William Stanley Jevons

    September 1, 1835 – August 13, 1882

    William Stanley Jevons was an English economist and logician whose work fundamentally shifted the mathematical approach in economics. His theory of marginal utility introduced a new perspective on value, positing that the utility of an additional unit of a good diminishes as an individual's ownership increases. Jevons also highlighted concerns about resource depletion, anticipating the paradox where increased efficiency in production can paradoxically lead to greater consumption. His contributions to the marginal revolution in economic thought and his logical inquiries established him as a pivotal figure in scientific advancement.

    The Coal Question: An Inquiry Concerning the Progress of the Nation, and the Probable Exhaustion of Our Coal-Mines
    The State In Relation To Labor (1894)
    The Match Tax
    Letters & Journal Of W. Stanley Jevons
    The Theory of Political Economy (1879)
    Money and the Mechanism of Exchange