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Jevons, Marshall and the Utilitarian Tradition

R D Collison Black

Scottish Journal of Political Economy, 1990, vol. 37, issue 1, 5-17

Abstract: It is shown that, in his later years, William Stanley Jevons was disposed to blend Spencer's evolutionism with Benthamite utilitarianism in his economic thought. Hence, the accepted view that Jevons was purely a utilitarian, while Alfred Marshall also blended elements of idealism and evolutionism, derived from Hegel, Darwin, and Spencer, into the background of his economics, although not altogether incorrect, is perhaps too tidy a reading of the historical record. Nevertheless, important philosophical differences existed between Jevons and Marshall, affecting notably their respective visions of the future of economics; the significance of these for the relationship of economics and ethics is discussed. Copyright 1990 by Scottish Economic Society.

Date: 1990
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Scottish Journal of Political Economy is currently edited by Tim Barmby, Andrew Hughes-Hallett and Campbell Leith

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