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

Language is a process of free creation; its laws and principles are fixed, but the manner in which the principles of generation are used is free and infinitely varied. Even the interpretation and use of words involves a process of free creation.
Noam Chomsky