Circularity Quote by Joan Robinson

Utility is the emotion pleading to be let into the house of pure reason and thereby enriching it.

— Dennis Lindley

Utility is the great idol of the age, to which all powers must do service and all talents swear allegiance. In this great balance…

— Friedrich Schiller

Utility then is not the measure of exchangeable value, although it is absolutely essential to it.

— David Ricardo

Possessing utility, commodities derive their exchangeable value from two sources: from their scarcity, and from the quantity of labour required to obtain them.

— David Ricardo

What the customer buys and considers value is never a product. It is always utility, that is, what a product or a service does…

— Peter Drucker

Nothing can have value without being an object of utility.

— Karl Marx

My principal work now lies in tracing out the exact nature and conditions of utility. It seems strange indeed that economists have not bestowed…

— William Stanley Jevons

Utility is when you have one telephone, luxury is when you have two, opulence is when you have three - and paradise is when…

— Doug Larson

Utility is when you have one telephone, luxury is when you have two, and paradise is when you have none.

— Doug Larson

“[The] utility resulting from any small increase in wealth will be inversely proportionate to the quantity of goods previously possessed.”

— Peter L. Bernstein

Utility is the great idol of the age, to which all powers must do service and all talents swear allegiance.

— Friedrich Schiller

Repeated reflection and inquiry have led me to the somewhat novel opinion, that value depends entirely upon utility.

— William Stanley Jevons