Associations to the word «Jevons»

Wiktionary

JEVONS PARADOX, noun. (economics) The proposition that technological progress that increases the efficiency with which a resource is used tends to increase (rather than decrease) the rate of consumption of that resource.

Dictionary definition

JEVONS, noun. English economist and logician who contributed to the development of the theory of marginal utility (1835-1882).

Wise words

In words, as fashions, the same rule will hold; Alike fantastic, if too new, or old: Be not the first by whom the new are tried, Nor yet the last to lay the old aside.
Alexander Pope