Depends Quote by William Stanley Jevons
“Repeated reflection and inquiry have led me to the somewhat novel opinion, that value depends entirely upon utility.”
About This Quote
Source Book: The Theory of Political Economy, 1871
Value is determined solely by usefulness, not by intrinsic qualities or scarcity.
In simple terms: Value = utility.
Key Takeaway
Focus on usefulness when assessing worth.
Themes
economics
philosophy
utility
value
assessment
Mood
critical
thought‑provoking
Type
theoretical
philosophical
When to use this quote
- product design
- pricing strategy
- resource allocation
Key Concepts
utility theory
subjective value
economic reasoning
Questions to Reflect On
- Is every valuable thing useful?
- When should non‑utility factors influence decisions?
A Different Perspective
Utility may overlook emotional or cultural significance.
