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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.
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
Men
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Behavioral
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More quotes by Kenneth E. Boulding
The right to have children should be a marketable commodity, bought and traded by individuals but absolutely limited by the state.
Kenneth E. Boulding
The World is a very complex system. It is easy to have too simple a view of it, and it is easy to do harm and to make things worse under the impulse to do good and make things better.
Kenneth E. Boulding
[The historical] development in the international system may almost be defined as the process by which we pass from stable war to stable peace.
Kenneth E. Boulding
The organization of science into disciplines sets up a series of ghettos with remarkable distances of artificial social space between them.
Kenneth E. Boulding
Nothing fails like success because we don't learn from it. We learn only from failure.
Kenneth E. Boulding
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
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
The discounting presumably is to be done for each period of time at that rate of interest which represents the alternative cost of employing capital in the occupation in question that is, at the rate which the entrepreneur could obtain in other investments
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
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
[The question for the behavioral disciplines is simply] what is better, and how do we get there?
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
Mathematics brought rigor to Economics. Unfortunately, it also brought mortis.
Kenneth E. Boulding
Equilibrium is a figment of the human imagination.
Kenneth E. Boulding
Economists are like computers. They need to have facts punched into them.
Kenneth E. Boulding
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.
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
Private property is a means, and neither its abolition nor its unrestricted right should be an end in itself.
Kenneth E. Boulding
Are we to regard the world of nature simply as a storehouse to be robbed for the immediate benefit of man?
Kenneth E. Boulding
With laissez-faire and price atomic, ecology's uneconomic, But with another kind of logic economy's unecologic.
Kenneth E. Boulding
