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 3

How this entity was disambiguated

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 ⓘ
contemporaryWith Carl Menger's Principles of Economics ⓘ
Léon Walras's Elements of Pure Economics ⓘ
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 ⓘ
Francis Ysidro Edgeworth ⓘ
Vilfredo Pareto ⓘ
marginalist revolution in economics ⓘ
neoclassical economics ⓘ
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 ⓘ
linked to: London, England
publicationYear 1871 ⓘ
publisher Macmillan ⓘ
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 ⓘ

How these facts were elicited

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

William Stanley Jevons → notableWork → The Theory of Political Economy ⓘ
The Coal Question → relatedWork → The Theory of Political Economy ⓘ
Mathematical Psychics → relatedWork → The Theory of Political Economy ⓘ