Jeremy Bentham to the fundamental concepts employed in his model of utilitarian decision making. His work is considered to be an early precursor of modern welfare economics. Bentham stated that pleasures and pains can be ranked according to their value or "dimension" such as intensity, duration, certainty of a pleasure or a pain. He was concerned with maxima and minima of pleasures and pains; and they set a precedent for the future employment of the maximisation principle in the economics of the consumer, the firm and the search for an optimum in welfare economics. Bentham advocated "Pauper Management" which involved the creation
Jeremy Nicholas (writer) He is the author of four reference books on classical music and the biographer of Leopold Godowsky and Frédéric Chopin. He is president of the Jerome K. Jerome society and music director of the "Deanery Church of St Mary the Virgin" in Braintree, Essex. He is an authority on the piano, pianists and Leopold Godowsky in particular. Jeremy Nicholas (writer) Jeremy Nicholas (born 20 September 1947) is an English actor, writer, broadcaster, lyricist and musician. He was born in Wellington, Shropshire, raised in Stafford and educated at Wycliffe College in Gloucestershire (1957–65) and Birmingham School of Speech Training and Dramatic