Diminishing Marginal Utility

Famous quotes containing the words diminishing, marginal and/or utility:

    I take it that the good of mankind means the attainment, by every man, of all the happiness which he can enjoy without diminishing the happiness of his fellow men.
    Thomas Henry Huxley (1825–95)

    If the individual, or heretic, gets hold of some essential truth, or sees some error in the system being practised, he commits so many marginal errors himself that he is worn out before he can establish his point.
    Ezra Pound (1885–1972)

    Moral sensibilities are nowadays at such cross-purposes that to one man a morality is proved by its utility, while to another its utility refutes it.
    Friedrich Nietzsche (1844–1900)