Degree Jevons obtained a post as tutor at Owens College, Manchester.
Mill confused Newton's analytical deduction with hypothetical deduction; and thereupon Jevons confused induction with both.
In 1877 and the following years Jevons contributed to the Contemporary Review some articles on J.
As regards the discovery of the connexion between value in exchange and final (or marginal) utility, the priority belongs to Gossen, but this in no way detracts from the great importance of the service which Jevons rendered to English economics by his fresh discovery of the principle, and by the way in which he ultimately forced it into notice.
The calculations of the last Coal Commission as to the future exports and of Mr Jevons as to the future annual consumption make us hesitate to prophesy how long our coal resources are likely to last.
WILLIAM STANLEY JEVONS (1835-1882), English economist and logician, was born at Liverpool on the 1st of September 1835.
In the same way, to infer a machine from hearing the regular tick of a clock, to infer a player from finding a pack of cards arranged in suits, to infer a human origin of stone implements, and all such inferences from patent effects to latent causes, though they appear to Jevons to be typical inductions, are really deductions which, besides the minor premise stating the particular effects, require a major premise discovered by a previous induction and stating the general kind of effects of a general kind of cause.
It was not till after the publication of this work that Jevons became acquainted with the applications of mathematics to political economy made by earlier writers, notably Antoine Augustin Cournot and H.
He agrees with Jevons in calling this second syllogism analytical deduction, and with Jevons and Sigwart in calling it hypothetical deduction.
But a certain exaggeration of emphasis may be pardoned in a writer seeking to attract the attention of an indifferent public. It was not, however, as a theorist dealing with the fundamental data of economic science, but as a brilliant writer on practical economic questions, that Jevons first received general recognition.