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Vor 5 Tagen · Some, like Sedley Taylor and William Thornton, argue that profit sharing is most appropriate to labor-intensive industries. Several advocates, most notably William Stanley Jevons, insist that decision-making not be shared with workers. Alfred Marshall, however, argues that profit sharing can be seen as an important step toward true cooperation. He also offers suggestive theoretical insights on ...
Vor 2 Tagen · William Stanley Jevons FRS (1835-1882) was an English economists and logician whose “A General Mathematical Theory of Political Economy”, published in 1862, is often quoted as the start of the mathematical method in economics. In this work, Jevon argued that as science is concerned with quantities, economics is necessarily ...
Vor 5 Tagen · The analysis of cycles in economic time series began in earnest in the 1870s with the sunspot and Venus theories of William Stanley Jevons and Henry Ludwell Moore and the rather more conventional credit cycle theory of Clément Jugler (see Morgan 1990, Chap. 1).
Vor 2 Tagen · The English Economist William Stanley Jevons described this paradoxical phenomenon in his 1865 book The Coal Question. At the time, the advent of the steam engine was expected to reduce the depletion of England’s coal reserves because the innovative steam engine burned coal far more efficiently. Jevons postulated that the opposite would ...
Vor einem Tag · An entrepreneur ( French: [ɑ̃tʁəpʁənœʁ]) is an individual who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards. [1] The process of setting up a business is known as "entrepreneurship". The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services ...
Vor 3 Tagen · In 1587, the year before the defeat of the Armada, and when Leicester's army was still in Holland, doing little, and the very month that Sir William Stanley and 13,000 Englishmen surrendered Deventer to the Prince of Parma, we find the Council writing to the Lord Mayor about a mutiny, requiring him "to see that the soldiers levied in ...
Vor 5 Tagen · Degrowth literature, however, warns about these technological advances due to the "rebound effect", also known as Jevons paradox. This concept is based on observations that when a less resource-exhaustive technology is introduced, behavior surrounding the use of that technology may change, and consumption of that technology could increase or even offset any potential resource savings. [33]
