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Economics has been incurably growth-oriented and addicted to everybody growing richer, even at the cost of exhaustion of resources and pollution of the environment.
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
Even
Addiction
Economics
Resources
Incurably
Cost
Exhaustion
Growth
Oriented
Environment
Addicted
Growing
Richer
Everybody
Pollution
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The trouble with taxonomic boxes is... that that they tend to be empty, however beautiful they are on the outside.
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Knowledge exists in minds, not in books. Before what has been found can be used by practitioners, someone must organize it, integrate it, extract the message.
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We never like to admit to ourselves that we have made a mistake. Organizational structures tend to accentuate this source of failure of information.
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Mathematics brought rigor to Economics. Unfortunately, it also brought mortis.
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Nothing fails like success because we don't learn from it. We learn only from failure.
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Consumption is the death of capital, and the only valid arguments in favor of consumption are arguments in favor of death itself.
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What exists, is possible.
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If a totally new image is to come into being however, there must be sensitivity to internal messages, the image itself must be sensitive to change, must be unstable, and it must include a value image which places high value on trials, experiments, and the trying of new things.
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Equilibrium is a figment of the human imagination.
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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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Private property is a means, and neither its abolition nor its unrestricted right should be an end in itself.
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The organization of science into disciplines sets up a series of ghettos with remarkable distances of artificial social space between them.
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Anyone who believes exponential growth can go on forever in a finite world is either a madman or an economist.
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[The consumer is] the supreme mover of economic order... for whom all goods are made and towards whom all economic activity is directed.
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[The question for the behavioral disciplines is simply] what is better, and how do we get there?
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[The historical] development in the international system may almost be defined as the process by which we pass from stable war to stable peace.
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Communication can only take place among equals.
Kenneth E. Boulding
Physicists only talk to physicists, economists to economists-worse still, nuclear physicists only talk to nuclear physicists and econometricians to econometricians. One wonders sometimes if science will not grind to a stop in an assemblage of walled-in hermits, each mumbling to himself words in a private language that only he can understand.
Kenneth E. Boulding
Where there is hypocrisy, there is hope.
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
