Jevons

Critical Responses

By: Sandra Peart (Editor)

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Multi-Item Pack | 21 November 2002 | Edition Number 1

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William Stanley Jevons was a self-proclaimed revolutionary, whose struggle under what he called the 'Noxious authority' of John Stuart Mill in economic circles is well-known. He was highly critical of the labour theory of value and the wages fund theory attributed to David Ricardo, and offered his own theory of exchange value which he contrasted to the 'mazy and preposterous' notions of English Classical economists. Reactions to Jevons's work were often heated, but even while he generated much opposition, it is often posible to discern much admiration for Jevons, both as a researcher and as a person. This collection draws together a rich range of contemporary responses to Jevons's work. Including articles by economists such as J. S Mill, J. E. Cairnes, Alfred Marshall, and F. Y Edgeworth, the collection emphasises the way in which Jevons's desire to generate controversy shaped the progress of economics in the second half of the nineteenth century, and beyond.

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