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

The words printed here are concepts. You must go through the experiences.
Saint Augustine