“In a certain sense all knowledge is inductive. We can only learn the laws and relations of things in nature by observing those things. But the knowledge gained from the senses is knowledge only of particular facts, and we require some process of reasoning by which we may collect out of the facts the laws obeyed by them. Experience gives us the materials of knowledge: induction digests those materials, and yields us general knowledge. When we possess such knowledge, in the form of general propositions and natural laws, we can usefully apply the reverse process of deduction to ascertain the exact information required at any moment. In its ultimate foundation, then, all knowledge is inductive—in the sense that it is derived by a certain inductive reasoning from the facts of experience.”
“You will perceive that economy, scientifically speaking, is a very contracted science; it is in fact a sort of vague mathematics which calculates the causes and effects of man's industry, and shows ho...”
William Stanley Jevons
“One of the most important axioms is, that as the quantity of any commodity, for instance, plain food, which a man has to consume, increases, so the utility or benefit derived from the last portion use...”
William Stanley Jevons
“When quite young I can remember I had no thought or wish of surpassing others. I was rather taken with a liking of little arts and bits of learning. My mother carefully fostered a liking for botany, g...”
William Stanley Jevons
“I used to think I should like to be a bookbinder or bookseller it seemed to me a most delightful trade and I wished or thought of nothing better. More lately I thought I should be a minister, it seeme...”
William Stanley Jevons
“It was during the year 1851, while living almost unhappily among thoughtless, if not bad companions, in Gower Street a gloomy house on which I now look with dread it was then, and when I had got a qui...”
William Stanley Jevons