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JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content. 'To be asked to deliver the Jevons Centenary Lecture is a privilege of a very special kind'
JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content. 'To be asked to deliver the Jevons Centenary Lecture is a privilege of a very special kind'
JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content. 'To be asked to deliver the Jevons Centenary Lecture is a privilege of a very special kind'
The Suntory and Toyota International Centres for Economics and Related Disciplines
Jevons, Bentham and De Morgan
Author(s): R. D. Collison Black Reviewed work(s): Source: Economica, New Series, Vol. 39, No. 154 (May, 1972), pp. 119-134 Published by: Blackwell Publishing on behalf of The London School of Economics and Political Science and The Suntory and Toyota International Centres for Economics and Related Disciplines Stable URL: http://www.jstor.org/stable/2552637 . Accessed: 13/08/2012 08:49 Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use, available at . http://www.jstor.org/page/info/about/policies/terms.jsp . JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact support@jstor.org. . Blackwell Publishing, The London School of Economics and Political Science, The Suntory and Toyota International Centres for Economics and Related Disciplines are collaborating with JSTOR to digitize, preserve and extend access to Economica. http://www.jstor.org 1972] Jevons, Bentham and De Morgan' By R. D. COLLISON BLACK I I should like to begin by expressing my thanks to the Provost and Professorial Board of University College, and particularly to Professor Marian Bowley of the Department of Political Economy, for the honour which they have done me in inviting me to address you today. To lecture at University College, London, would be an honour and a privilege at any time-but to be asked to deliver the Jevons Centenary Lecture is a privilege of a very special kind. Special privileges carry with them special responsibilities and I am very sensible of the particular responsibility which rests on me, charged as I am with the task of fitly commemorating the centenary of Jevons's greatest achievement in Economics in the College in which he was proud to profess that subject. William Stanley Jevons has long been recognized as one of the most original thinkers who have contributed to the development of economic science, and the Theory of Political Economy which he published just a hundred years ago has equally been recognized as a landmark in the development of the subject. Over the last half century it has therefore attracted the atten- tion of some of the most distinguished economists so that it is now not easy to say something which is at once true and fresh about the book or its author. Nevertheless I shall hope to be able to convince you that there is still something to be learnt about it today by looking at it from a specifically University College viewpoint. I can best do this, I think, by beginning from an outline of the life of Jevons. In doing so there is a special difficulty which is perhaps best met by recognizing it frankly. I cannot and do not pretend to know as much about the life and work of Jevons as do some members of this audience; no doubt there are many others in it to whom the main outlines of Jevons's career are familiar, but there are probably others again to whom they are not. Since a knowledge of the main facts of Jevons's career is essential to an understanding of my theme, I hope those to whom they are already familiar will bear with me while I sketch them in for the benefit of those to whom they are not.2 The life of William Stanley Jevons could be characterized in a sentence as short, varied and full of achievement. Jevons was born in 1835, the ninth child of Thomas Jevons, a Liverpool iron merchant; his mother was the eldest daughter of William Roscoe, a Liverpool banker who established a high reputation as historian and art collector. Jevons was 1 The Jevons Centenary Lecture delivered at University College, London, November 3, 1971. 2 For fuller details see Rosamond Konekamp, "William Stanley Jevons (1835- 1882), Some Biographical Notes", Manchester School vol. XXX (1962), pp. 251-73. 119 120 ECONOMICA [MAY thus brought up in that circle of well-to-do non-conformists who contributed as much to the intellectual life as to the economic develop- ment of the north of England in the early Victorian period through their remarkable combination of business and cultural interests. The interest which these people had in education is well known, and in this company it is hardly necessary to stress that University College, London, was founded largely in response to the demand of middle-class non-conformists for the higher education for their children which they were prevented from obtaining at Oxford and Cambridge. Jevons himself was educated in Liverpool until the age of 15, partly at the Mechanics Institute School whose headmaster was W. B. Hodgson, later to become the holder of the Chair of Political Economy at the University of Edinburgh. In 1850 Jevons entered University College School, spending one year as a pupil and a further two as a student at University College. In 1853 he had decided to leave College and go into business in Liverpool, partly at least in consequence of the recurrent financial difficulties which had plagued his family since his father's firm had become bankrupt as a result of the railway crisis of 1847. In June 1853, largely through the good offices of Thomas Graham, then the Professor of Chemistry at University College, the seventeen-year-old Jevons was offered the post of Assayer to the newly formed branch of the Royal Mint at Sydney. He did not in fact leave for Sydney until June 1854, because of delays in completing the new Mint Buildings. In the interval he had trained with Graham as an Assayer and taken a further diploma course on the subject in Paris. Jevons remained in Australia until early in 1859. During most of this period, apart from his professional work in Chemistry at the Mint, his interest was mainly in the field of the natural sciences such as Botany, and especially Meteorology, but he was also a keen observer of the rapidly changing social scene in the Australia of his time. The interest in social subjects-particularly the social life of towns-which he had already shown during his early years in London seems to have grown strongly after he had been living in Sydney for a year or two. In 1856 and 1857 he was supplementing his reading of Mayhew's Great World of London with such standard economic works as those of Adam Smith and John Stuart Mill and with lesser-known works like Lardner's Railway Economy. By the beginning of 1858 Jevons seems to have come firmly to the decision to devote his career to the study of social science. He wrote to his sister at this time: "There are plenty of people engaged with physical science, and practical science and the arts may be left to look after themselves, but thoroughly to understand the principles of society appears to me now the most cogent business."1 I W. S. Jevons to Henrietta Jevons, Letters and Journal of W. Stanley Jevons, 1886, p. 101 (hereafter LJ). Jevons recorded details of his reading in diaries which he kept in Australia, but unfortunately he did not continue this practice after his return to London. Relevant extracts from these diaries are included in the forth- coming edition of the Papers and Correspondence of W. S. Jevons, sponsored by the Royal Economic Society. 1972] JEVONS, BENTHAM AND DE MORGAN 121 Soon after, Jevons made the decision to give up his lucrative post at the Sydney Mint and return to London, his first objective being to equip himself for his new career by completing his degree at University College. Not unnaturally, the decision came as a shock to his relatives, for Jevons's father had died without restoring the family fortunes, and he and his brothers and sisters had to fend for themselves in the world. Nevertheless, Jevons was convinced that the decision was for him a right and necessary one and he did not lack the courage to go through with it. Resuming his studies at University College in the autumn of 1859 he remained in London until 1863, gaining his BA degree in October 1860 and his MA (with Gold Medal) in June 1862. This was the period when Jevons "struck out the true theory of economy" and suffered the "sad reverse" of being placed fourth instead of first in the College examinations in Political Economy because of what he described as a "difference of opinion . .. perfectly allowable" between himself and the Professor, Jacob Waley. Much has been written of late about the "professionalization" of the study of economics, and certainly this had not proceeded far in England in the early 1860s, so that the path to advancement for a bright young man interested in social science was not so clearly marked then as it is now. After toying with the idea of earning his living by journalism or other forms of writing, Jevons fell in with a suggestion made by his cousin Harry Roscoe that he should come to the then recently-formed Owens College, Manchester, as a tutor-the only tutor in the College and one who was therefore expected to offer tuition on any subject which students could take there. Jevons did all that could be expected of a struggling young academic, and more; the work on The Coal Question, which he began in 1864 and published in 1865, earned him a national reputation in a remarkably short space of time-which was probably not without effect in securing his appointment to the Chair of Logic, Mental and Moral Philosophy and Political Economy at Owens College in 1866. It was in Manchester that much of Jevons's best creative work was done and in the following ten years his reputation rose from being a national to an international one. He became influential in the work of the London (now Royal) Statistical Society, gave evidence before many select committees and royal commissions on monetary and other questions, and was consulted by Robert Lowe, the Chancellor of the Exchequer, on matters of economic policy. His work on logic and his pioneering development of a logical machine, ancestor of the modern computer, led to his election to Fellowship of the Royal Society in 1872.2 But the strain of combining all these activities with the heavy 1 LJ, p. 154. 2 See Jevons, "On the Mechanical Performance of Logical Inference", Philo- sophical Transactionis of the Royal Society, vol. 160 (1870), pp. 497-518. Jevons's election to Fellowship is recorded in Proceedings of the Royal Society, vol. XX (1872), p. 198. 122 ECONOMICA [MIAY teaching programme which included much evening lecturing told on Jevons's health. This, combined with the desire to have access to the London libraries and the London circles in which he was now a res- pected authority, led Jevons to decide to return to University College, this time as Professor of Political Economy, a post which he held from 1876 until 1880. The duties of the professorship in those days were light; only one class was involved, which met once a week. Indeed, the appointment carried less reward and less prestige than others which Jevons might have taken -at Edinburgh for example. But he was anxious to have a post which would enable him to devote most of his time to his writing and the prospect of a return to his old College was also attractive to him. In 1880, however, he regretfully decided that his strength was not equal to a combination of teaching and writing, and that the many works which he wished to complete must have his whole attention; he therefore resigned the Chair. Unhappily, little time was left to him for the completion of the projects which he had planned, especially the grand project of a comprehensive treatise on the principles of economics. When his active career as an academic economist and logician had lasted no more than twenty years, he lost his life in a drowning accident in August 1882. This is no more than a bald sketch of a fascinating life; but it should make clear that in that life University College, London, was a recurrent motif. It would be interesting and worthwhile to expand on that theme; but in this lecture I wish to deal only with a special aspect of it-to consider two major intellectual influences in the development of that economic thought which is especially typified in Jevons's Theory of Political Economy of 1871. These intellectual influences are particularly connected with the history of University College, London, and I think it can be argued that they came to bear on Jevons through his connec- tion with University College. It has often been said that the Theory of Political Economy marks a watershed in the development of economic thought mainly because of two outstanding characteristics in it-its introduction into economics of psychological hedonism on the one hand, and of mathematical and quantitative techniques on the other. The first of these, it seems to me, can be directly traced to the utilitarian philosophy of Jeremy Bentham and the second to the mathematical logic of Augustus De Morgan. II It has long been a commonplace of text-books in the history of econo- mic thought to say that the "simple hedonism" of Bentham was the basis of Jevons's essentially subjective theory of value. Like all stereo- typed statements, this is a half-truth which merely skates over the surface of the relationship between the thought of Bentham and that of Jevons. 1972] JEVONS, BENTHAM AND DE MORGAN 123 The fact is that, as one recent writer has pungently said, "When the concept of utility entered economic theory many men of substance in the field were believing utilitarians. Long before the notion came under final attack from Sir John Hicks and Sir Roy Allen in the thirties, the intellectual temper of the times had changed so that you could hardly have found a utilitarian under a flat stone."'- It is not surprising then, with so many economists trying, as Dennis Robertson put it, "to remove the offending odour of utility"2 to find that modern commentat- ors have been disposed to minimize the extent of Jevons's Utilitarianism. Ross Robertson, for example, has said that "one has the feeling as he reads Chapter II of the Theory, the chapter on pleasures and pains, that Jevons is simply going through the motions of citing an unquestioned authority before proceeding to an altogether different kind an analysis ".3 To my mind this illustrates an understandable, but regrettable, vice of the intellectual historian-that of trying to explain the thinking of his subject, not in relation to the thought of the subject's own time, but in relation to the ideas of the present time. In the Theory of Political Economy Jevons does in fact say "I have no hesitation in accepting the Utilitarian theory of morals" ;4 and to gloss over this does, I think, lead to a fundamental misconception of the nature of the work. If, as I shall try to show, Bentham's ideas permeated Jevons's Theory inescapably, then it is worth while to ask, first, how Jevons came under their influence. A considerable part of the process of Jevons's intellectual develop- ment can be reconstructed from the letters and diaries which he wrote during his early life. In his first two years as a student at University College (1851-53) although he "had several rather learned discussions with Harry [Roscoe] about moral philosophy"5 he does not appear to have studied the subject formally at all. During his latter years in Australia, when he was beginning to read political economy, he does not seem to have paid much attention to philosophy, and none at all to Bentham. On his return to London and to University College in the session of 1859-60 Jevons did, however, enrol in the course on Philosophy of Mind and Logic given by John Hoppus-which included a section on the hist- ory of philosophy, taking in Bentham.6 It seems unlikely that Jevons would have derived a whole new direction in his thinking from Hoppus, 1 V. C. Walsh, Introduction to Contemporary Microeconomics, New York, 1970, p. 24. Of recent years, there has been a revival of interest in utilitarianism among philosphers; cf. J. Narveson, Morality and Utility, Baltimore, 1967. 2 D. H. Robertson, Lectures on Economic Principles, vol. 1, 1957, p. 86. 3 Ross M. Robertson, "Jevons and his Precursors", Econometrica, vol. 19 (1951), p. 233. 4 Theory of Political Economy (hereafter TPE), 4th ed., p. 23. 5LJ, p. 23. 6 Calendar of University College London for the session 1859-60, pp. 18-19. Jevons's enrolment in the class is recorded in the Professor's Fees Books, 1859-60. I am indebted to Mrs. J. Percival, Archivist of University College, London, for assistance in locating this information, and other details relating to De Morgan's classes and Jevons's attendance at them. 124 ECONOMICA [MAY whose lectures were notoriously dull and ill-attended.' On the other hand, in 1860 Jevons did go to "Mr. Martineau's mental philosophy class in Manchester New College, which is close at hand in University Hall ".2 Now Martineau was a considerable philosopher whose long and deep study of ethics had led him to a sophisticated understanding of Utilitarianism, and it seems much more likely that his teaching would have stimulated Jevons and increased his interest in Benthamism.3 There are various indications from Jevons's correspondence at this time that he felt a growing interest in philosophical questions, and moral philosophy in particular.4 In the circumstances it would have been surprising if Jevons had not been influenced towards Utilitarianism, for apart from the general acceptability of the doctrine at the time there were special factors which would naturally have drawn him in that direction. Apart from the obvious and natural attraction of the great name of Bentham for any University College man, there was also the fact that Jevons, like James Martineau, was a Unitarian. There had long existed a connection between Unitarianism in theology and Utilitarianism in philosophy and, as has been remarked by Professor Mineka, "Unitar- ians and Utilitarians came largely from the same levels of society, the '1 H. Hale Bellot, University College, London, 1826-1926, p. 111: "After his first or second lecture he seldom had a pupil; because, burying his face in his manu- script, he mumbled so that only an acute ear could catch much of what he said, and those who caught something called it rot." (Quoted from a manuscript by J. B. Benson.) I LJ, p. 155. 3The implication of this view is that Jevons must initially have become acquain- ted with Bentham's ideas through Hoppus's course, or the reading prescribed for it, combined this with his notions of a mathematical theory of economy, and subsequently extended his knowledge and understanding of Utilitarianism through his contacts with Martineau's thinking. For, according to Jevons's diary from 3rd to 5th February, 1860, he "was almost entirely engaged in commencing a work on Pol. Econ.... Value to be established on the basis of labour and the problems of rent, wages, interest, etc. to be solved as mathematical functions . . .". On February 19, 1860 there is the entry: "At home all day and working chiefly at Economy, arriving as I suppose at a true comprehension of Value, regarding which I have lately very much blundered." This, as Professor La Nauze has suggested, pinpoints the discovery of the utility approach by Jevons. (La Nauze, "The Conception of Jevons's Utility Theory", Economica, vol. XX (1953), pp. 356-8.) It was not until October or November 1860 that Jevons began to attend Martin- eau's mental philosophy lectures, but this does not prove that Martineau's teaching played no part in the working out of Jevons's ideas, for the original manuscript of the Brief Accolnt of a General Mathematical Theory of Political Economy is dated "London September 27, 1862". Martineau would certainly have appealed to Jevons as one who, in his own words, "carried into [moral and metaphysical speculations] a store of exclusively scientific conceptions, rendered familiar in the elementary study of mathematics, mechanics and chemistry"-Types of Ethical Theory, 1885, Preface, p. viii. Apart from the more general points made in the text above, it is interesting to note that the Brief Account contains one passage which seems to echo Martineau as well as Bentham-paragraph 2, which begins with a reference to "the great springs of human action". In 1847 Richard Holt Hutton, another student of Martineau and later a relative of Jevons by marriage, had urged Martineau to draw up "a graduated table of the springs of action", and this subsequently became an important part of his lecture course. Cf. J. Estlin Carpenter, James Martineau, 1906, p. 298. 4 Cf. LJ, pp. 149, 155-60. 1972] JEVONS, BENTHAM AND DE MORGAN 125 enterprising, successful middle class", and shared inclinations towards humanitarianism and a faith in science.1 This, as we have seen, was the social background in which Jevons had been reared and his return to University College had brought him back into it. Certainly, however utilitarian philosophy may have entered into Jevons's thinking, it remained a part of it for the rest of his life and was much more than just a peg on which to hang the particular type of subjective analysis of demand with which his Theory of Political Economy has come to be specially associated. That his thinking moved towards what Martineau called "Hedonist Evolution" is clear from the article on Mill's Utilitarianism which Jevons wrote for the Contemporary Review in 1879.2 That it remained firmly in the tradition of Bentham is clear from the last book he completed on an economic subject, The State in Relation to Labour, when we find the statement that "it may be fearlessly said that no social transformation would be too great to be commended and attempted if only it could be clearly shown to lead to the greater happiness of the community".3 Now, as this quotation brings out, Benthamism was very much a social philosophy; yet the Theory of Political Economy, with which we are here primarily concerned, deals very little with social questions. How then does Bentham come into it? Clearly it is not the "greatest happiness principle", but the "principle of utility" which matters in the Theory. Indeed that work not only starts out from, but revolves around, the theory of pleasure and pain.4 Lookiing back upon this, later economists have been able to point out the drawbacks from which it suffers very clearly, and indeed they are undeniable-it is difficult to evade Marshall's indictment that "Jevons' great error was that of applying to utility propositions that are only true of price".5 I shall return to this point in a moment, but let me suggest that if instead of looking back with the benefit of hindsight we try to put ourselves in Jevons's place and look forward, as he must have done when first developing his theory (in 1860-62), the matter appears in a different light. Already in 1858 Jevons had seized hold of the idea that "economy, scientifically speaking, is in fact a sort of vague mathematics which calculates the causes and effects of man's industry, and shows how it may best be applied".6 By June 1860 he had "struck out ... the true Theory of Economy ... entirely mathematical in principle . . .".7 His approach, then, was that of a pure scientist; but as a distinguished I F. E. Mineka, The Dissidence of Dissent, Chapel Hill, N.C., 1944, p. 146. 2 W. S. Jevons, "John Stuart Mill's Philosophy Tested; IV-Utilitarianism", Contemporary Review, vol. XXXVI, (1879), pp. 521-38. 3 W. S. Jevons, The State in Relation to Labour, 1882, 3rd ed., p. 12. 4 I have argued this point more fully in my Introduction to the Pelican Classics edition of the Theory of Political Economy, 1970, pp. 15-20. 5 Marshall to J. N. Keynes, November 26, 1889; Principles of Economnics, 9th ed., vol. II, p. 260. 6 LJ, p. 101. 7 LJ, p. 151. 126 ECONOMICA [MAY philosopher of science, F. S. C. Northrop, has pointed out, the subject matter of economics, as Jevons and his successors came to conceive it, is not objective in the sense either of the immediately inspected sense data or the verified, inferred common-sense objects ... The question then arises how a deductive theory referring to such a subject matter can be empirically verified.... It might be supposed that the verification is like that of natural science, except for the minor difference that natural science appeals to empirical data given through the senses, whereas economic science uses empirical data given introspectively.... But upon this basis one would expect a different science of economics for each individual. It is clear that economic science does not conceive of itself in this way. It claims for its theory the same validity for every- body that natural science claims for its laws and verified propositions. But how, by appeal to introspection rather than to the senses, can one get any criterion for public validity?1 Now it seems to me that this is just the problem which Jevons, as a young scientist trying to reason out "the true Theory of Economy", must have encountered-and must have realized that Bentham could provide an answer of satisfying symmetry through the "principle of utility". Here we must come back to the criticism of Marshall and other later writers. Jevons, in the opening pages of the Theory, says with all the emphasis italics can give, "our science must be mathematical, simply because it deals with quantities".2 In seeking to ground that science on pleasures and pains which not only notoriously defy quantification but also differ in quality was not the scientist being unscientific, the logician illogical? Once again, instead of trying to answer on our terms, let us see what answer Jevons himself gave-for he did not overlook or evade these questions. First, on the question of higher and lower pleasures, Jevons argued that "my present purpose is accomplished in pointing out this hierarchy of feeling, and assigning a proper place to the pleasures and pains with which the economist deals. It is the lowest rank of feelings which we here treat".3 So much is stated in the Theory; but in his critique of J. S. Mill's philosophy Jevons went further and indicated that the question of different grades of pleasure could be logically handled-by a strict adherence to Bentham's ideas: "Nor is it to be supposed, that Bentham, in making his analysis of the coinditions of pleasure, over- looked the difference of high and low; he did not overlook it at all-he analysed it. A pleasure to be high must have the marks of intensity, length, certainty, fruitfulness and purity, or of some of these at least; and when we take Altruism into account, the feelings must be of wide extent-that is, fruitful of pleasure and devoid of evil to great numbers ' F. S. C. Northrop, The Logic of the Sciences and the Humanities, 1959 printing, pp. 240-41. 2 TPE, 4th ed., p. 3. 3 TPE, 4th ed., pp. 26-7. 1972] JEVONS, BENTHAM AND DE MORGAN 127 of people"; and so, he argued, "Mill proposed to give 'geniality' to the Utilitarian philosophy by throwing into confusion what it was the very merit of Bentham to have distinguished and arranged scientifically. We must hold to the dry old Jeremy, if we are to have any chance of progress in Ethics".' If by holding to the dry old Jeremy pleasures and pains can all be brought to a common denominator, there still remains the question in what units is it to be expressed? To this, in the first edition of the Theory, Jevons frankly answered, "Greatly though I admire the clear and precise notions of Bentham, I know not where his numerical data are to be found".2 His mode of escape from this difficulty was similar to Marshall's "measuring rod of money"-"A unit of pleasure or of pain is difficult even to conceive; but it is the amount of these feelings which is continually prompting us to buying and selling, borrowing and lending, labouring and resting, producing and consuming; and it is from the quantitative effects of the feelings that we must estimate their comparative amounts"'. Nevertheless, in framing the rest of his analysis in terms of utility and disutility he undoubtedly gave grounds for Marshall's criticism4 -and proofs of his allegiance to Bentham. III If, as seems undeniable to me, the influence of Bentham in the creation of the Theory of Political Economy was considerable and pervasive, the passages which I have previously quoted to the effect that "our science must be mathematical" reflect an influence on Jevons which was earlier and more profound-that of Augustus De Morgan. De Morgan became the first Professor of Mathematics in University College, London, in 1828, at the early age of twenty-two. He has been described by its official historian as "the outstanding figure in the first quarter-century of the life of the college", and by the great chemist Sir Henry Enfield Roscoe-the same Harry Roscoe who was a cousin of Jevons-as "one of the profoundest and subtlest thinkers of the nineteenth century". 5 In the fabric of De Morgan's life the Unitarian thread again figures prominently. He left Cambridge because of his objections to the relig- ious tests-just as had his father-in-law, William Frend, himself a Second Wrangler who was deprived of his tutorship at Jesus College. Frend was an associate of many of the leading political and intellectual figures of the early nineteenth century, wrote for the Unitarian Monthly Repository, and was identified with the earliest schemes to set up a 1 Contemporary Review vol. XXXVI, 1879, p. 533. 2 TPE, 1st ed., p. 12. This passage does not appear in later editions. 3 TPE, 4th ed., p. 11. 4 Quoted above, p. 125, n. 5. 5 Bellot, op. cit., pp. 80-81. 128 ECONOMICA [MAY University in London free of all religious tests.1 Forty years later it was on this very issue that De Morgan resigned his Chair at University College. In refusing to appoint James Martineau to the Chair of Mental Philosophy in 1866 because he was a Unitarian minister, the College had, as De Morgan saw it, betrayed the basic principle on which it was founded, and he refused to have any further connection with it.2 During the thirty and more years of his connection with University College, De Morgan made a substantial contribution to mathematical knowledge, but he was also particularly interested in the relations between mathematics and logic. Although he was less successful here than his better remembered contemporary George Boole, he did valu- able work in this field. De Morgan also found time for an immense amount of semi-popular writing on scientific subjects, as well as much public work, in support of decimal coinage and on insurance matters.3 Nevertheless it was as a teacher rather than a writer that De Morgan enjoyed his greatest success and reputation. His own mind was so agile and so profound that he set a high standard for his students; but it is clear from the testimony of many of them that he possessed a rare gift- the capacity to convey to those who are not naturally mathematicians something of the significance of the subject, its power and elegance.4 There is ample evidence of the influence which De Morgan had upon Jevons-it amounted almost to a fascination. At the time of his matric- ulation in 1852, Jevons's main interests were in chemistry and botany, but he attended De Morgan's "Higher Junior" classes and "Lower Senior" Classes.5 By his own testimony he found this "interesting though rather hard"; he kept up diligently with the class work and formed the intention "to have all De Morgan's books".6 It may seem that there is nothing very remarkable in all this, but the effect which it had on Jevons comes out clearly in a letter he wrote to his sister from Australia five years later: For my own part I have never had the courage to open the many mathematical books I brought with me; but what do you think I would I See Frida Knight, University Rebel, the Life of William Frend, 1757-1841, 1971; Mineka, op. cit., pp. 148-50; S. E. De Morgan, Memoir of Auglustus De Morgani, 1882, pp. 19-24. 2 Bellot, op. cit., pp. 339-43; De Morgan, op. cit., pp. 336-61. 3 De Morgan, op. cit.; and see also the article "De Morgan, Augustus" which Jevons wrote for the Encyclopaedia Britannica, 11th ed., vol. VIII, pp. 8-10. 4 One historian of mathematics has described De Morgan as "displaying unusual gifts as a teacher and scattering his energies recklessly. His Trigonometry and Double Algebra (1849) contained certain features of quaternions, but he did not follow this or any other theory to the conclusion that seemed within his reach.... His contributions to the theory of probability still rank as among the best in English and the same may be said for his contributions to logic.... Had he been able to confine himself to one line, he might have been a much greater though a less interesting man." D. E. Smith, History of Mathematics, 1951 ed., vol. I, p. 462. 5 Shortly after this lecture was delivered the original manuscript of Jevons's notes on these lectures was quite unexpectedly discovered in the Library of the University of Glasgow. Hence it has become possible to fill in more of the details of the mathematical teaching which Jevons received from De Morgan. See Appendix, below. 6 LJ, pp. 22-3. For the seventeen-year-old Jevons, the intention may have been 1972] JEVONS, BENTHAM AND DE MORGAN 129 do if I had opportunity ever again? Attend College and De Morgan's mathematical lectures! The utility of mathematics is one of the most incomprehensible things about it; but though I was never bright or successful in his class, in spite of working hard, I feel the greatest benefit from it.1 That there was the greatest benefit to be derived from mathematics by any scientist was emphasized to Jevons by his cousin Harry (Sir Henry Enfield) Roscoe who, finding chemistry to involve more mathe- matics as it advanced, wished that he had paid more attention as a student to De Morgan's teaching.2 Now I have pointed out that already in 1858-59 Jevons had begun to feel for those "general principles or laws" which he felt must underlie the workings of society and to see them in terms of "a vague sort of mathematics". So, defending his decision to return to England, he wrote to Harry Roscoe: "I wish especially to become a good mathe- matician, without which nothing, I am convinced, can be thoroughly done. Most of my theories proceed upon a kind of mathematical basis, but I exceedingly regret being unable to follow them out beyond general arguments. "3 So the wish of 1857 became the fact of 1860. "I find the classes at college a little dull", Jevons wrote to his brother Herbert, "the charm is rubbed off a few things; but then one learns more and more to adore De Morgan as an unfathomable fund of mathematics".4 What material did Jevons draw from this unfathomable fund to use in building his Theory of Political Economy? Perhaps only some things which lay near enough to the surface, in the shape of the elements of calculus, it may seem.5 more laudable than practical, for De Morgan's text-books are reputed to have been "a mine of information for the teacher and entirely hopeless for the pupil". Smith, op. cit., vol. I, p. 462. 1 W. S. Jevons to Henrietta Jevons, June 17, 1857, LJ, pp. 88-9. 2 H. E. Roscoe to W. S. Jevons, February 21, 1854: "I mean to go hard at mathematics when I am in Paris.... Nothing can be done without mathematics & I hope to make up for not attending to De Morgan as I ought to have done-fool that I was." 3 W. S. Jevons to H. E. Roscoe, January, 1859, LJ, pp. 118-19. 4 W. S. Sevons to Herbert Sevons, January 27, 1860, LJ, p. 150. 5 There were other parts of Jevons's work in which other elements drawn from De Morgan's "unfathomable fund" were important. Perhaps the most notable is Jevons's use of probability theory in his interpretation of scientific method. Cf. W. Mays, "Jevons's Conception of Scientific Method", The Manchester School, vol. XXX (1962), p. 226; E. A. Madden, "W. S. Jevons on Induction and Probability", in Blake, Ducasse and Madden, Theories of Scientific Method, 1960, p. 247. In discussion after the delivery of this lecture, Sir John Hicks drew my attention to the passage in Edgeworth's Mathematical Psychics, 1881, p. 7, where he argues that the "implied equatability of time-intensity units" of utility "resembles the equation to each other of undistinguishable events or cases, which constitutes the first principle of the mathematical calculus of belief". Sir John suggested that De Morgan's references to probability in his lectures might similarly have prompted Jevons to think of utility as a concept susceptible to mathematical treatment, if not to direct measurement. I am much indebted to Sir John for this stimulating suggestion, which certainly 130 ECONOMICA [MAY It is easy to be slighting about Jevons's mathematics, as Marshall was1; Jevons himself had no illusions about his talents in that field: "I am, of course, better up to De Morgan's brain-rackings this session", he wrote in Michaelmas term 1860, "and shall devote much time to mathematics, yet, from having no natural talent for figures or quick memory, have no hope of becoming a practical mathematician. Besides, it is somewhat late in the day at twenty-six to learn mathematics, with which you will succeed from the first or never. "2 But De Morgan himself drew a distinction between the analysis of the necessary Laws of Thought, and the analysis of the necessary Matter of Thought.3 It was surely in the field of the laws of thought that Jevons learnt most from him. Building on the foundations laid by De Morgan and Boole, Jevons went on to build up his own system of logic, and contended that "it may be inferred, not that logic is a part of mathematics . . . but that the mathematics are rather derivatives of logic".4 This statement, which is wholly in the spirit of De Morgan's work, may serve to put the Theory of Political Economy into its true perspective as a work in mathematical economics. The matter of thought in it was not highly mathematical, but its whole structure was built up in accordance with a concept of science as governed by laws of thought which could, where quantities are involved, be expressed in a mathematical form5; and that approach was surely based on the hard training which Jevons had received in De Morgan's classroom. IV A commemoration of a great work always runs the risk of being either adulatory or patronizing. On the one hand there is the danger of seeming to suggest that its author had correctly anticipated everything derives support from a passage in chapter I of TPE (lst ed., pp. 9-1 0; 4th ed., p. 8): "Previous to the time of Pascal, who would have thought of measuring doubt and belief? Who could have conceived that the investigation of petty games of chance would have led to the creation of perhaps the most sublime branch of mathematical science-the theory of probabilities ?" With the recent discovery of Jevons's notes on De Morgan's lectures (see Appendix) it is now possible to say definitely that De Morgan had introduced him to elementary probability concepts in his "Higher Junior" class of 1852-53, and that Jevons was again working on the subject, in more detail, in 1860-61, in connection with De Morgan's lectures. Hence, although the original manuscript of the Brief Account contains no direct reference to these concepts, it is certainly possible that they played a part in the conception of Jevons's utility theory along with what he himself described as the "most luminous and philosophical view of existing and possible systems of symbolic calculus" which he found in De Morgan's teaching and writing. 1 "They [Cournot and von Thtunen] handled their mathematics gracefully: he seemed like David in Saul's armour." A. C. Pigou (ed.), Memorials of Alfred Marshall, p. 99. 2 W. S. Jevons to Herbert Jevons, November 28, 1860, LJ, p. 155. 3 M. J. M. Hill, "Some account of the holders of the Chair of Pure Mathe- matics . . .", MSS in University College Library, quoted in Bellot, op. cit., p. 81. " W. S. Jevons to Thomas Jevons, August 30, 1863, LJ, p. 191. 5 This emerges very clearly in Jevons's statement at the conclusion of TPE, 4th ed., p. 267: "The problem of economics may, as it seems to me, be stated thus: 1972] JEVONS, BENTHAM AND DE MORGAN 131 which is known about the subject today, on the other that of pointing out that we have learned so much since that it seems hard to conceive how or why the pioneer originally made so many blunders. I have tried to avoid both these traps by seeking not to make a fresh evaluation of the Theory of Political Economy, but rather to think back into the structure which Jevons was trying to build in it and to show where he obtained the chief materials which he used in doing so. Those materials were peculiarly connected with University College, but the work which Jevons chiselled out of them was peculiarly his own. Whatever may have been its strengths and weaknesses, we come back to the fact which has brought us together here today-the Theory of Political Economy was a landmark in the development of modern economics, and Jevons made it. He was one of many worthy students who read Bentham and profited from De Morgan's lectures; but, as Foxwell reminded Keynes, "the only point about Jevons was that he was a genius".1 Queen's University, Belfast. APPENDIX Oni Jevons's mathematical studies at University College, London. The comments which I made in this lecture on the influence of De Morgan on Jevons were based on evidence drawn from Jevons's personal journal and correspondence, and the Calendars of University College, London, in addition to the other printed sources given in the text above. By a remark- able coincidence, a considerable quantity of new manuscript evidence be- came available only a few weeks after the lecture had been delivered. Mr. R. P. Sturges, who is acting as Research Assistant on the project for compiling a Guide to Archive Sources in the History of Economic Thought, has been travelling all over the British Isles in the search for such material. In the course of a trip to Scotland in late November, 1971, he discovered in the Library of the University of Glasgow, the following three items: (1) Manuscript notebook with title-page: "Lectures on Mathematics delivered in University College, London, by Professor A. De Morgan. Session 1852-3. W. S. Jevons" (Ms. Gen. 483). (2) Manuscript notebook with title on spine: "Mathematical Tracts, De Morgan" (Ms. Gen. 485). (3) Manuscript notebook with title-page: "NOTES, and EXTRACTS, concerning LECTURES on the PURE MATHEMATICS, delivered in University College, London, by Augustus De Morgan, Professor etc. Session 1860-61". On facing page: "W. S. Jevons, University College." (Ms. Gen. 484). Given, a certain population, with various needs and powers of production, in possession of certain lands and other sources of material: required, the mode of employing their labour which will maximize the utility of the produce". This clearly foreshadows the modern presentation of the same problem in terms of "constrained maximization", and brings out sharply the real character of Jevons's break with the classical tradition. 1 J. M. Keynes, Essays in Biography, 1951 ed., p. 307. 132 ECONOMICA [MAY I have since had an opportunity to examine these manuscripts, and have no doubt that all three are in the handwriting of Jevons. According to the records of Glasgow University Library, the notebooks were bequeathed by George Alexander Gibson, who was Professor of Mathematics in Glasgow University from 1909 to 1927 and died in 1930; there is no evidence as to how the notebooks came into his possession. With the aid of these notebooks it is possible to put some flesh on the bare bones of the outline of Jevons's mathematical studies previously known. The syllabus of De Morgan's Mathematics lectures altered but little over the period of Jevons's first and second attendances at them, and ran typically as follows: The Lower Division of the Junior Class is intended for those Pupils who possess very little previous acquirement. The Subjects read are, the First Four Books of Euclid; Arithmetic, and the Arithmetical Theory of Propor- tion; the Sixth Book of Euclid; Solid Geometry; Algebra, arithmetically considered, as far as equations of the first and second degrees. The Higher Division of the Junior Class is intended for those whose previous reading will enable them to begin the Fifth Book of Euclid. The Subjects read are, the Fifth and Sixth Books of Euclid; Solid Geometry; a Review of the Principles and Operations of Arithmetic; Algebra; Plane Trigonometry; and, if time permit, the Conic Sections geometrically. The Lower Division of the Senior Class will comprehend those who have (either in the College or elsewhere) passed through the Subjects of the preceding Class. The Subjects here read are, Spherical Trigonometry; Conic Sections; applications of Algebra to Geometry; higher parts of Algebra; Differential and Integral Calculus. The subjects read in the Higher Division will consist of Developments of the Differential and Integral Calculus, to prepare the Student for the higher applications of Mathematics to Physics. (Calendar of University College, Lonidon, 1853-54, pp. 7-8). The Professors Fees Books of the College record that Jevons was en- rolled for De Morgan's classes in 1851-52 and 1852-53, and again in 1859-60 and 1860-61; but as one fee could cover several classes this does not establish which class or division of a class he attended in each year. These details, which could previously only be inferred from references in Letters and Journal, can now be confirmed precisely from the notebooks. Thus the first notebook (MS. Gen. 483) makes clear that Jevons had attended only De Morgan's "Lower Junior" class in 1851-52, before his matriculation into University College. The first seventeen pages of the notebook contain undated notes on the subjects of this class, but the note- book is, in accordance with its title-page, mainly devoted to the lectures of 1852-53. It makes clear that Jevons attended both the "Higher Junior" and "Lower Senior" classes during that academic year. Apparently he had al- ready developed his lifelong passion for economizing paper-for he made one notebook suffice for both classes, first filling the right hand leaves from front to back, then turning the book upside down to fill the facing leaves in the opposite direction-a system which does not make the notes easy to follow. The second notebook is clearly the one which Jevons used for what he described as "the long job of copying out De Morgan's tracts".' These were tracts which De Morgan prepared on various aspects of mathematics 1 LJ, p. 23. 1972] JEVONS, BENTHAM AND DE MORGAN 133 for the use of his students, and which were never published. Jevons copied out seventeen of the tracts in all, listing their titles on an index page.' According to Letters and Journal, Jevons entered De Morgan's "Lower Senior" and "Higher Senior" classes on his return to London in 1859-60, and again attended the "Higher Senior" class in 186061.2 From the point of view of relating his mathematical to his economic studies, the third notebook (MS. Gen. 484) could therefore be expected to be the most interesting, but unfortunately proves disappointing in this respect. It is not a connected series of lecture notes on De Morgan's "Higher Senior" class, but merely a collection of separate notes, some drawn from lectures and some from tracts, on topics which Jevons had presumably found partic- ularly interesting or difficult. Some of these topics had already been treated in the earlier "Lower Senior" notes, but there is much additional material, particularly on differential equations, and some on probability.3 The 1852-53 notes closely follow the lines of the Calendar syllabus. They generally confirm the impression of De Morgan as a demanding but interest- ing teacher, concerned not merely to present theorems and proofs but also to give his students an understanding of the logic and purpose of the topics with which he dealt. This emerges clearly in the early "Lower Junior" notes, where De Morgan's emphasis on the logical character of arithmetical operations and discussion of counting bases would seem strikingly familiar to any student of today brought up on "New Math". The contents of the page are as follows: Index to the Mathematical Tracts First notions of Ratio I. Commensureable & Incom. Quantities First notions of Ratio II. Scales of relation No. 53 No. 53, Convergency of Series No. 72 On the summation of Algebraical series No. 87 Lower Senior Class. Naperian Logarithm etc. No. III Continued fractions No. 84. Interest and Annuities No. 17. Preliminaries for the theory of equations No. 25. Cauchy's theorem No. 110. On some points of geometrical Demonsn No. 114. Simple examples of Integration Conic Sections-Ellipse Conic Sections-Parabola Conic Sections-Hypberbola New proof of Taylor's theorem Permutations and Combinations Examples of Maclaurins theorem Curvature. 2 LJ, pp. 148, 155. 3 Jevons had begun, but not completed, an analytical index to the volume. Gaps in this, and in pagination, make it hard to summarize the contents of the volume accurately, but the following is a listing, in the order in which they occur, of the main topics on which notes are to be found in it: Taylor's Theorem Calculus of Operations - Tract 99 - Tract 115 Differentiation Factorials -Tract 108 Implicit Differentiaton Differential Coefficients. Maxima and - Tract 120 Minima Burmann's Theorem Calculus of Differences Integral Calculus 134 ECONOMICA [MAY The same interest in the logic and philosophy of mathematics manifests itself in the "Higher Junior" and "Lower Senior" courses, but Jevons's comment of October 31, 1852, seems hardly surprising: "We have just finished what we are to do at present of double algebra and series, which I think rather interesting, though hard".' It must have been a considerable effort to keep up with the work of the two classes at the same time, but Jevons appears to have done it conscientiously, in spite of the fact that his main interest at this time was in chemistry, and by the end of the academic year he had got a good grounding in the theory of equations and the differential calculus. Certainly the result of his work was not discreditable, although Jevons's own account of it was modest enough: "Mathematics was a much harder affair, of course. Some time before the examination I formed some desperate resolutions as to the place I would get, and I did work up a little. I tried very hard in the examination, but spent too much time on the hard ones, and came out fourth".2 When Jevons returned to University College in 1859, he must have found this earlier experience of "Lower Senior" mathematics valuable. Neverthe- less it must again have been a considerable effort for him to deal with the two Senior Courses simultaneously, especially in view of the fact that he was also taking courses in Greek, Latin and German, after a six-year break from academic work.3 So naturally he would have been "better up to De Morgan's brain rackings" when, after taking his BA degree, he re-attended the "Higher Senior" class in the following academic year ;4 and this probably accounts for the more eclectic approach of the 1860-61 notebook. Integration Rule of Derivation by Arbogast's Bernouilli's theorem method General formula of Reduction Curves of Pursuit Integration of rational and integral Cauchy's Theorem functions Method of Parameters Differential equations Systems of Equations Homogeneous functions Partial Differential Equations Convertible Operations Curves, Lines, Angles Singular Points Trigonometrical Functions Infinities Asymptotes- Infinity of Functions Problems on Lines and Planes Discontinuity Paraboloid Singular Values Factorial Integrals Method of Quadratures 1 LJ, p. 23. 2LJ, p. 36. 3Ibid., p. 148. 4 Ibid., p. 155.
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