William Stanley Jevons - Labour Quotes

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The calculus of utility aims at supplying the ordinary wants of man at the least cost of labour.

William Stanley Jevons
Thus monopoly is limited by competition, and no owner, whether of labour, land or capital, can, theoretically speaking, obtain a larger share of produce for it than what other owners of exactly the same kind of property are willing to accept.

William Stanley Jevons
The whole result of continued labour is not often consumed and enjoyed in a moment; the result generally lasts for a certain length of time. We must then conceive the capital as being progressively uninvested.

William Stanley Jevons
I consider that interest is determined by the increment of produce which it enables a labourer to obtain, and is altogether independent of the total return which he receives for this labour.

William Stanley Jevons
There is no such thing as absolute cost of labour; it is all a matter of comparison. Every one gets the most which he can for his exertions; some can get little or nothing, because they have not sufficient strength, knowledge or ingenuity; others get much, because they have, comparatively speaking, a monopoly of certain powers.

William Stanley Jevons
Capital simply allows us to expend labour in advance.

William Stanley Jevons
Labour once spent has no influence on the future value of any article; it isgone and lost for ever. In commerce bygones are forever bygones; and we are alwaysstarting clearat each moment, judging the values of things with a view to future utility.

William Stanley Jevons