Note 1103 — Chapter I · : THE HEDONISTS
R. (Robert) Richards translation
“Pleasure and pain are undoubtedly the ultimate objects of the calculus of economics. To satisfy our wants to the utmost with the least effort, to procure the greatest amount of what is desirable at the expense of the least that is undesirable, in other words, to maximise pleasure, is the problem of economics.” (Stanley Jevons, Theory of Political Economy, p. 40.)