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) 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 Art (1966–69). Nicholas began his career with the Prospect Theatre Company (1969–70) and the Citizens Theatre (1970–72). He performed his own solo adaptation of "Three Men in a Boat" at the Edinburgh Festival (1980) and May Fair Theatre (1981-82), which won him a nomination for an Olivier Award as Most Promising Newcomer. Nicholas has also performed on