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Anyone who believes exponential growth can go on forever in a finite world is either a madman or an economist.
Kenneth E. Boulding
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Kenneth E. Boulding
Age: 83 †
Born: 1910
Born: January 18
Died: 1993
Died: March 18
Author
Economist
Philosopher
Poet
University Teacher
City of Liverpool
Kenneth Ewart Boulding
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Forever
Finite
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[There will be movement toward] behavioral economics... [which] involves study of those aspects of men's images, or cognitive and affective structures that are more relevant to economic decisions.
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The controversy as to whether socialism is possible has been settled by the fact that it exists, and it is a fundamental axiom of my philosophy, at any rate, that anything that exists, is possible.
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Are we to regard the world of nature simply as a storehouse to be robbed for the immediate benefit of man?
Kenneth E. Boulding
... the fouling of the nest which has been typical of man's activity in the past on a local scale now seems to be extending to the whole world society.
Kenneth E. Boulding
The perception of potential threats to survival may be much more important in determining behavior than the perceptions of potential profits, so that profit maximization is not really the driving force. It is fear of loss rather than hope of gain that limits our behavior.
Kenneth E. Boulding
The most fundamental form of integrative power is the power of love.
Kenneth E. Boulding
We never like to admit to ourselves that we have made a mistake. Organizational structures tend to accentuate this source of failure of information.
Kenneth E. Boulding
Conflict may be defined as a situation of competition in which the parties are aware of the incompatibility of potential future positions, and in which each party wishes to occupy a position that is incompatible with the wishes of the other.
Kenneth E. Boulding
A world of unseen dictatorship is conceivable, still using the forms of democratic government.
Kenneth E. Boulding
[The notion of equilibrium] is a notion which can be employed usefully in varying degrees of looseness. It is an absolutely indispensable part of the toolbag of the economist and one which he can often contribute usefully to other sciences which are occasionally apt to get lost in the trackless exfoliations of purely dynamic systems.
Kenneth E. Boulding
The concept of a value-free science is absurd.
Kenneth E. Boulding
The tourist business is a trap, it is a tained honey Man clearly should have stayed in bed, and not invented money.
Kenneth E. Boulding
There is a quiet, open place in the depths of the mind, to which we can go many times in the day and lift up our soul in praise, thankfulness and conscious unity. With practise this God-ward turn of the mind becomes an almost constant direction, underlying all our other activities.
Kenneth E. Boulding
Are we to regard the world of nature simply as a storehouse to be robbed for the immediate benefit of man? ... Does man have any responsibility for the preservation of a decent balance in nature, for the preservation of rare species, or even for the indefinite continuance of his race?
Kenneth E. Boulding
All knowledge is gained through an orderly loss of information.
Kenneth E. Boulding
Economic problems have no sharp edges. They shade off imperceptibly into politics, sociology, and ethics. Indeed, it is hardly an exaggeration to say that the ultimate answer to every economic problem lies in some other field.
Kenneth E. Boulding
Mathematics brought rigor to Economics. Unfortunately, it also brought mortis.
Kenneth E. Boulding
In calling society an ecological system we are not merely using an analogy society is an example of the general concept of an ecosystem that is, an ecological system of which biological systems - forests, fields, swamps - are other examples.
Kenneth E. Boulding
The evolutionary vision is agnostic in regard to systems in the universe of greater complexity than those of which human beings have clear knowledge.
Kenneth E. Boulding
Know this: though love is weak and hate is strong, Yet hate is short, and love is very long.
Kenneth E. Boulding