The Place of Jevons in the History of Economic Thought

  • Lord Robbins


William Stanley Jevons, whose centenary we are met to commemorate, is not one of those economists whose merits have failed to achieve due recognition. In his own lifetime his work on various practical questions gave him a reputation far transcending the limits of his own profession. Since his death he has been recognised universally as one of the most outstanding figures in the history of economic thought. Not merely as economist but also as logician, philosopher, reformer, he stands out as one of the most remarkable men of the age in which he lived. He is one of the great Englishmen of the nineteenth century.


Political Economy Marginal Utility Sunspot Cycle Classical Economist Economic Thought 


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  1. 2.
    A. Marshall, ‘Mr Jevons’ Theory of Political Economy’, Academy, i Apr 1872, reprinted in Memorials of Alfred Marshall, pp. 93–100. See also Appendix i to the Principles of Economics, 8th ed. (1920) pp. 813–21.Google Scholar
  2. 2.
    E. H. Darwin, ‘The Theory of Exchange Value’, Fortnightly Review, xvii (1875) 243–53 (a defence of Jevons against Cairnes).Google Scholar
  3. 2.
    F. Y. Edgeworth, ‘On Professor Jevons’ Formulae of Exchange’, Appendix V of Mathematical Psychics (London School of Economics reprint, 1932).Google Scholar
  4. 2.
    P. H. Wicksteed, ‘On Certain Passages in Jevons’ Theory of Political Economy’, Quarterly Journal of Economics, iii (1889) 293–314, reprinted in the Common Sense of Political Economy and Selected Papers and Reviews on Economic Theory (1933) ii 734–65.Google Scholar
  5. 2.
    K. Wicksell, Über Werte, Kapital and Rente (London School of Economics reprint, 1933) pp. 20ff.Google Scholar
  6. 2.
    A. A. Young, ‘Jevons’ Theory of Political Economy’, American Economic Review, ii 3 (1912), reprinted in Economic Problems New and Old (Boston, 1927) pp. 213–31.Google Scholar
  7. 2.
    F. H. Knight, ‘Relation of Utility Theory to Economic Method in the Work of William Stanley Jevons and Others’, in Stuart A. Rice (ed.), Methods in Social Science (Chicago, 1939) pp. 59–69.Google Scholar
  8. 1.
    See F. A. Hayek, ‘Investment and Output’, Economic Journal, xliv (June 1934).Google Scholar

Copyright information

© Lord Robbins 1970

Authors and Affiliations

  • Lord Robbins
    • 1
  1. 1.London School of EconomicsUK

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