William Stanley Jevons Quotes About Pain

Quotes about: Pain

• The theory which follows is entirely based on a calculus of pleasure and pain; and the object of economics is to maximize happiness by purchasing pleasure, as it were, at the lowest cost of pain.

  William Stanley Jevons

  Pain, Cost, Economics

  William Stanley Jevons (1970). “The Theory of Political Economy”, Penguin (Non-Classics)

• PLEASURE and pain are undoubtedly the ultimate objects of the calculus of economics. To satisfy our wants to the utmost with the least effort - to procure the greatest amount of what is desirable at the expense of the least that is undesirable - in other words, to maximize pleasure, is the problem of economics.

  William Stanley Jevons

  Pain, Effort, Want

  William Stanley Jevons (1871). “The Theory of Political Economy”, p.44

• By a commodity we shall understand any object, substance, action or service, which can afford pleasure or ward off pain.

  William Stanley Jevons

  Pain, Substance, Action

  William Stanley Jevons (1970). “The Theory of Political Economy”, Penguin (Non-Classics)

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