Herbert Stanley Jevons

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[1]

Herbert Stanley Jevons, aka HS Jevons (8 October 1875, Manchester - 27 June 1955), [2] was the son of economist and mathematician William Stanley Jevons. [3] [4] He was professor of economics and political science at University College of South Wales and Monmouthshire [4] [5] which is a former name of Cardiff University. He was also the first Head of Department of Economics at University of Allahabad. [6] Jevons was the first Secretary of the Abyssinian Association and the first treasurer of the Anglo-Ethiopian Society. [4] [7] He started the Indian Journal of Economics. [8] He was also the first president of Indian Economic Association. [6]

Contents

Second Industrial Revolution

In 1931 Jevons published his hypothesis that the advanced industrial countries of the world were at that time experiencing a second industrial revolution whereby the way secondary industries were organised was being transformed by he use of inductive methods in the study of industry, both at an overall and individual level. This gathering of facts and their application in developing planning processes, he argued, would transform society in a way comparable to the first industrial revolution. He predicted differences in how economic planning would be transformed depending on whether this planning was carried out on the basis of free competition or monopoly and in the latter case whether this was in the context of private or public ownership. [9]

References

  1. Jevons, H. Stanley (1931). "The Second Industrial Revolution". The Economic Journal. 41 (161): 1–18. doi:10.2307/2224131. ISSN   0013-0133.
  2. "Obituaries" (PDF). Journal of the Royal Statistical Society. Oxford University Press. 1955.
  3. "Herbert Stanley Jevons". Oxford Reference. Retrieved 2021-11-11.
  4. 1 2 3 "Jevons, Herbert Stanley, (8 Oct. 1875–27 June 1955), Adviser to the Ethiopian Embassy since 1942" , Who Was Who, Oxford University Press, 2007-12-01, doi:10.1093/ww/9780199540884.013.u239174 , retrieved 2021-11-11
  5. Dic Mortimer (15 October 2014). Cardiff The Biography. Amberley Publishing Limited. pp. 320–. ISBN   978-1-4456-4251-2.
  6. 1 2 "University of Allahabad". www.allduniv.ac.in. Retrieved 2021-11-11.
  7. "Herbert Stanley Jevons Papers, - National Library of Wales Archives and Manuscripts". archives.library.wales. Retrieved 2021-11-11.
  8. "The Indian Journal of Economics - South Asia Archive".
  9. Jevons, H. Stanley (1931). "The Second Industrial Revolution". The Economic Journal. 41 (161): 1–18. doi:10.2307/2224131. ISSN   0013-0133.