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Jevons William Stanley

    William Stanley Jevons was an English economist and logician whose work profoundly influenced economic thought through his contributions to utility theory and mathematical methods in economics. Jevons expounded upon the theory of marginal utility, asserting that the value of a good is determined by its final, or marginal, usefulness to the consumer. His foundational work on logic and scientific methods, alongside his insights into resource depletion and the Jevons paradox, cemented his reputation as a leading economist of his era.

    Money and the Mechanism of Exchange