Jevons Paradox Flashcards
1
Q
Who was the economist and logician behind the Jevons paradox?
A
William Stanley Jevons
2
Q
What does Jevons paradox argue?
A
More efficiency = more consumption
3
Q
What is an example of Jevons paradox in use?
A
The steam train was an effective and efficient use of coal. However this increased coal use overall, because steam train use increased hugely.
Enlarges the field of operations.
4
Q
What is a criticism of Jevons paradox?
A
Hard to measure this at a small scale. Yes this may be true on an industrial scale, ut it is hard to measure on a small scale