Bases Quote by William Stanley Jevons
“In short, I do not write for mathematicians, nor as a mathematician, but as an economist wishing to convince other economists that their science can only be satisfactorily treated on an explicitly mathematical basis.”
About This Quote
Source Essay: Economic Theory, William Stanley Jevons, 1871
He argues that economics must be grounded in precise mathematics to be credible.
In simple terms: Economics needs clear math.
Use rigorous math in economic work.
Themes
Mood
Type
When to use this quote
- academic research
- policy analysis
- teaching economics
Key Concepts
Questions to Reflect On
- How can we balance mathematical rigor with real-world complexity?
- What are the risks of ignoring qualitative insights?
Mathematics may oversimplify human behavior.