A Quote by William Stanley Jevons
Repeated reflection and inquiry have led me to the somewhat novel opinion, that value depends entirely upon utility.
Related Quotes
Clay is molded to form a cup, But it is on its non-being that the utility of the cup depends. Doors and windows are cut out to make a room, But it is on its non-being that the utility of the room depends. Therefore turn being into advantage, and turn non-being into utility.
I'm certainly well taken care of in terms of food and clothes ... Money has no utility to me beyond a certain point. Its utility is entirely in building an organization and getting the resources out to the poorest in the world.
I will purify my bodily actions through repeated reflection. I will purify my verbal actions through repeated reflection. I will purify my mental actions through repeated reflection. That's how you should train yourself.
The development of the plot of the novel leads to a single point, and it's my opinion that the ending that the novel has, which is a somewhat ambiguous ending, is the only logical ending given the structure of the book as a whole.
Your true value depends entirely on what you are compared with.
The value of a canvas depends almost entirely on your mental attitude, not on your moral attitude; depends on what kind of a man you are, the way you observe.
Difference of opinion leads to inquiry, and inquiry to the truth.
The basis of the free market is anytime you can generate revenue or profit, you've created value in excess of the resources you consume in a society. That's probably the most unbiased utility function there is, as opposed to someone's opinion.
No publisher should ever express an opinion of the value of what he publishes. That is a matter entirely for the literary critic to decide.
Moreover, only a strong and united scientific opinion imposing the intrinsic value of scientific progress on society at large can elicit the support of scientific inquiry by the general public.
Economists tell us that the 'price' of an object and its 'value' have very little or nothing to do with one another. 'Value' is entirely subjective economic value, anyway while 'price' reflects whatever a buyer is willing to give up to get the object in question, and whatever the seller is willing to accept to give it up. Both are governed by the Law of Marginal Utility, which is actually a law of psychology, rather than economics. For government to attempt to dictate a 'fair price' betrays complete misunderstanding of the entire process.
Writing the novel felt so private to me! I think publishing a novel is quite public and exposing, and what's a little frightening to me right now is the fact that it feels so entirely opposed to the privacy that is writing.
The difference between a man who is led by opinion or emotion and one who is led by reason. The former, whether he will or not, performs things of which he is entirely ignorant; the latter is subordinate to no one, and only does those things which he knows to be of primary importance in his life, and which on that account he desires the most; and therefore I call the former a slave, but the latter free.
It is rather astonishing how little practical value scientific knowledge has for ordinary men, how dull and commonplace such of it as has value is, and how its value seems almost to vary inversely to its reputed utility.
You have to think of the blockchain as a new utility. It is a new utility network for moving value, moving assets.
If you're writing an opinion piece, it's your job to write your opinion. If, on the other hand, you wrote a novel, as Virginia Woolf tells us, it would be inappropriate if you let your novel be influenced by your political opinions.
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