William Stanley Jevons was born on January 1, 1835 in Liverpool, England. He showed an aptitude for mathematics from a young age and went on to receive his bachelor's and master's degrees from the University of London. It was during his time at university that he developed a keen interest in economics and logic.
Upon completing his education, Jevons began his career as an economist. He quickly gained recognition for his innovative ideas and contributions to the field. In 1862, he published his groundbreaking book, A General Mathematical Theory of Political Economy. This work is often credited with introducing the mathematical method to economics and expanding on the utility theory of value.
Jevons was known as one of the leading economists and logicians of his time. He was a trailblazer in the field, challenging traditional economic theories and proposing new, more mathematical approaches. His work had a significant impact on the development of modern economics.
Throughout his career, Jevons engaged in intellectual debates with other prominent thinkers of the time. He famously debated with philosopher and mathematician Hermann von Helmholtz about the nature of geometric systems. These debates helped to shape his own ideas and further solidify his place as a respected figure in the academic community.
One of Jevons' major influences was philosopher John Stuart Mill. Mill's ideas on utilitarianism and the theory of economic value had a profound impact on Jevons' own work. He drew inspiration from Mill's writings and incorporated many of his ideas into his own economic theories.
Despite his busy professional life, Jevons also found time for his personal life. He was married and had one child, whom he deeply cared for. His family provided him with support and inspiration as he pursued his academic and professional endeavors.
William Stanley Jevons passed away on August 13, 1882, leaving behind a lasting legacy in the field of economics. His innovative ideas and contributions continue to influence economists and logicians to this day, cementing his place as a pioneering figure in the history of economic thought.