Jevons paradox

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English[edit]

Pronunciation[edit]

/ˈdʒɛvənz paɹədɒks/

Etymology[edit]

Named after English economist William Stanley Jevons.

Noun[edit]

Jevons paradox (plural not attested)

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Wikipedia

  1. (economics) The proposition that technological progress that increases the efficiency with which a resource is used tends to increase (rather than decrease) the rate of consumption of that resource.

Synonyms[edit]