Quote

[The consumer is] the supreme mover of economic order... for whom all goods are made and towards whom all economic activity is directed.

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
Towards
Activity
Economic
Mover
Order
Consumer
Made
Directed
Goods
Consumers
Supreme

More quotes by Kenneth E. Boulding

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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 evolutionary vision is agnostic in regard to systems in the universe of greater complexity than those of which human beings have clear knowledge.
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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 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.
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Justification, in terms of the broadening of freedom, for any particular form of institution of property must be argued in terms of whether the losses caused by the restrictions imposed are greater or less than the gains derived from the elimination of costly conflict.
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A world of unseen dictatorship is conceivable, still using the forms of democratic government.
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The future is bound to surprise us, but we don't have to be dumbfounded.
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Mathematics brought rigor to Economics. Unfortunately, it also brought mortis.
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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.
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The tourist business is a trap, it is a tained honey Man clearly should have stayed in bed, and not invented money.
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The concept of a value-free science is absurd.
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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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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?
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If we saw tomorrow's newspaper today, tomorrow would never happen.
Kenneth E. Boulding
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Perhaps the most difficult ethical problem of the scientific community arises not so much from conflict with other subcultures as from its own success. Nothing fails like success because we don't learn from it. We learn only from failure.
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The image of the frontier is probably one of the oldest images of mankind, and it is not surprising that we should find it hard to get rid of.
Kenneth E. Boulding
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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.
Kenneth E. Boulding
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[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
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Know this: though love is weak and hate is strong, Yet hate is short, and love is very long.
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Nothing fails like success because we don't learn from it. We learn only from failure.
Kenneth E. Boulding