Quote

[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.

Kenneth E. Boulding

Change background

T
T
T

Change font

TAGS & TOPICS

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
Cognitive
Structure
Structures
Aspect
Involves
Toward
Aspects
Movement
Relevant
Study
Images
Economic
Economics
Affective
Decision
Behavioral
Men
Decisions

More quotes by Kenneth E. Boulding

Image
All knowledge is gained through an orderly loss of information.
Kenneth E. Boulding
Image
Mathematics brought rigor to Economics. Unfortunately, it also brought mortis.
Kenneth E. Boulding
Image
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.
Kenneth E. Boulding
Image
[The loss-of-strength gradient is] the degree to which military and political power diminishes as we move a unit distance away from its home base.
Kenneth E. Boulding
Image
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
Image
[The question for the behavioral disciplines is simply] what is better, and how do we get there?
Kenneth E. Boulding
Image
The human condition can almost be summed up in the observation that, whereas all experiences are of the past, all decisions are about the future. It is the great task of human knowledge to bridge this gap and to find those patterns in the past which can be projected into the future as realistic images.
Kenneth E. Boulding
Image
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
Image
If the society toward which we are developing is not to be a nightmare of exhaustion, we must use the interlude of the present era to develop a new technology which is based on a circular flow of materials such that the only sources of man's provisions will be his own waste products.
Kenneth E. Boulding
Image
Political conflict rests to a very large extent on a universal ignorance of consequences, as the people who are benefited by any particular act or policy are rarely those who struggled for it, and the people who are injured are rarely those who opposed it.
Kenneth E. Boulding
Image
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.
Kenneth E. Boulding
Image
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
Image
[In science any model depends on a pre-chosen taxonomy] a set of classifications into which we divide the enormous complexity of the real world... Land, labor, and capital are extremely heterogeneous aggregates, not much better than earth, air, fire, and water.
Kenneth E. Boulding
Image
The trouble with taxonomic boxes is... that that they tend to be empty, however beautiful they are on the outside.
Kenneth E. Boulding
Image
Know this: though love is weak and hate is strong, Yet hate is short, and love is very long.
Kenneth E. Boulding
Image
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
Image
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
Image
The proposition that the meek (that is the adaptable and serviceable), inherit the earth is not merely a wishful sentiment of religion, but an iron law of evolution.
Kenneth E. Boulding
Image
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.
Kenneth E. Boulding
Image
Anyone who believes exponential growth can go on forever in a finite world is either a madman or an economist.
Kenneth E. Boulding