Aim Quote by William Stanley Jevons

The difficulties of economics are mainly the difficulties of conceiving clearly and fully the conditions of utility.

— William Stanley Jevons

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

“To maximise output, every organisation will strive to obtain its necessary raw materials, labour and machinery at the lowest possible cost and combine them…

— Alain de Botton

In comparing therefore the value of the same commodity, at different periods of time, the consideration of the comparative skill and intensity of labour,…

— David Ricardo

There is no such thing as absolute cost of labour; it is all a matter of comparison. Every one gets the most which he…

— William Stanley Jevons

“To seek for utility everywhere is entirely unsuited to men that are great-souled and free.”

— Aristotle

The value of any commodity, therefore, to the person who possesses it, and who means not to use or consume it himself, but to…

— Adam Smith

Labour is good for a man, bracing up his energies to conquest, And without it life is dull, the man perceiving himself useless.

— Martin Farquhar Tupper

If the quantity of labour realized in commodities, regulate their exchangeable value, every increase of the quantity of labour must augment the value of…

— David Ricardo

“The values of commodities are directly as the times of labour employed in their production, and are inversely as the productive powers of the…

— Karl Marx

It is notorious that, whenever the demand for labor is much greater than the supply, or the wages of labor are much higher than…

— Edmund Ruffin

Utility is a metaphysical concept of impregnable circularity; utility is the quality in commodities that makes individuals want to buy them, and the fact…

— Joan Robinson