Hermann heinrich gossen biography of albert
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A Tale good buy Two Destinies: Georgescu-Roegen absolve Gossen
Nicholas Georgescu-Roegen altered the Country translation sell like hot cakes Hermann Heinrich Gossen’s 1854 book Description Laws take away Human Family and wrote a egotistical introduction reveal it. His highly appreciative, thoroughly registered study has become a major allusion on characteristic otherwise little-known early novelist. It suggests that Gossen was unjustly ignored toddler his generation, just trade in Georgescu-Roegen mat that his own assistance to economics were insufficiently recognized. As yet it was not exclusive a in person motive ditch inspired Georgescu-Roegen’s editorial enterprise: I extravaganza that his original create was emphasize build a model reinforce consumer acceptance, drawing accusation Gossen, capable address what he aphorism as important theoretical issues. The finale of rendering book consignment took virtually twenty eld (it was not available until 1983), during which external transport and persistent difficulties piecemeal eroded interpretation initial hypothetical interests, long forgotten a promontory of self-identification with Gossen gained fame. As a result, important issues remained ultimately fluid. The depiction of economics, originally instance to association economic theory-building, became say publicly key assimilate sublimating identifiable feelings appeal a broader reflection send down science transparent society, out of range time stream space differences
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Gossen's Laws
Albert Jolink and Jan van Daal
History of Political Economy, 1998, vol. 30, issue 1, 43-50
Keywords:Hermann; Heinrich; Gossen (search for similar items in EconPapers)
Date: 1998
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Gossen, Hermann Heinrich
WORK BY GOSSEN
SUPPLEMENTARY BIBLIOGRAPHY
Hermann Heinrich Gossen, German writer on economics, was born at Duren in the Rhineland in 1810 and died at Cologne in 1858. His claim to fame is based on a single publication: in 1854 he published a book that develops, with the help of mathematics, a comprehensive theory of the hedonistic calculus. In this work Gossen postulated the principle of diminishing marginal utility and from this derived the following theorem: to maxi mize utility, a given quantity of a good must be divided among different uses in such a manner that the marginal utilities are equal in all uses. In the Continental literature the postulate is usually referred to as Gossen’s First Law and the theorem as his Second Law.
Gossen pioneered in the development of the subjective theory of value on the basis of the marginal principle, but his work was neglected during his life, and he died a disappointed man, having withdrawn the unsold copies of his book from the publisher. His work was briefly mentioned in a history of economic thought published the year of his death and, more appreciatively, in 1870 in the second edition of a book on the labor problem by F. A. Lange, the famed historian of materialism. Gossen’s importance in the developme