Kōrero: Economic thought

William Jevons

William Jevons

Born in Liverpool, William Jevons studied chemistry in London before arriving in Sydney at the age of 19 to work as an assayer at the Sydney Mint. A dispute over how a railway was to be funded got him interested in economics. After five years in Australia he returned to England and continued his formal education. He began teaching economics and eventually became professor of economics at University College, London. Jevons made major contributions to marginal theory, the theory that the satisfaction derived from consumption lessens the more you consume.

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The John Rylands University Library, University of Manchester

Reproduced by courtesy of The University Librarian and Director, The John Rylands University Library, The University of Manchester. Permission must be obtained before any re-use of this image.

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Me pēnei te tohu i te whārangi:

Gary Hawke, 'Economic thought - Single tax', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/mi/photograph/22297/william-jevons (accessed 16 July 2019)

Story by Gary Hawke, published 11 Mar 2010