The Theory of Political Economy
E530103
The Theory of Political Economy is an influential 1871 book by William Stanley Jevons that helped found marginalist economics by emphasizing utility and marginal analysis in value theory.
All labels observed (1)
| Label | Occurrences |
|---|---|
| The Theory of Political Economy canonical | 1 |
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
book
ⓘ
economics book ⓘ |
| argues |
economic laws are analogous to physical laws
ⓘ
value depends on marginal utility rather than total utility ⓘ |
| author | William Stanley Jevons NERFINISHED ⓘ |
| contemporaryWith |
Carl Menger's Principles of Economics
NERFINISHED
ⓘ
Léon Walras's Elements of Pure Economics NERFINISHED ⓘ |
| contributesTo |
mathematical economics
ⓘ
subjective theory of value ⓘ theory of value ⓘ |
| countryOfOrigin | United Kingdom ⓘ |
| criticizes | classical labor theory of value ⓘ |
| divides | economics into theory and practice ⓘ |
| emphasizes |
marginal analysis
ⓘ
marginal utility ⓘ utility ⓘ |
| hasChapterOn |
theory of capital
ⓘ
theory of exchange ⓘ theory of interest ⓘ theory of labour ⓘ theory of utility ⓘ |
| hasEdition |
fourth edition
ⓘ
second edition ⓘ third edition ⓘ |
| historicalContext | marginal revolution in the 1870s ⓘ |
| influenced |
Alfred Marshall
NERFINISHED
ⓘ
Francis Ysidro Edgeworth NERFINISHED ⓘ Vilfredo Pareto NERFINISHED ⓘ marginalist revolution in economics ⓘ neoclassical economics NERFINISHED ⓘ |
| language | English ⓘ |
| libraryOfCongressClassification | HB171 ⓘ |
| notableFor |
early systematic use of marginal utility in English-language economics
ⓘ
helping to found marginalist economics ⓘ |
| proposes | final degree of utility concept ⓘ |
| publicationCity | London NERFINISHED ⓘ |
| publicationYear | 1871 ⓘ |
| publisher | Macmillan NERFINISHED ⓘ |
| respondsTo | classical political economy ⓘ |
| secondEditionYear | 1879 ⓘ |
| subject |
economics
ⓘ
marginal analysis ⓘ marginalist economics ⓘ political economy ⓘ utility theory ⓘ value theory ⓘ |
| thirdEditionYear | 1888 ⓘ |
| usesMethod | mathematical formulation of economic laws ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.