Quote by William Stanley Jevons
In this work I have attempted to treat economy as a calculus of pleasure and pain, and have sketched out,almost irrespective of previous opinions, the form which the science,as it seems to me, must ultimately take.
Summary
In this quote, the author is stating that they have approached the subject of economics by considering it as a study of the balance between pleasure and pain. They have gone against preexisting beliefs and have outlined their own perception of what the science of economics should ultimately become. The author seems to suggest that the conventional view of economics should be reimagined and reshaped according to their proposed framework, focusing on the concept of maximizing pleasure and minimizing pain.
Liked the quote? Share it with your friends.
Random Quotations
