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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
Structure
Cognitive
Aspect
Structures
Toward
Involves
Movement
Aspects
Study
Relevant
Economic
Images
Decision
Economics
Affective
Men
Decisions
Behavioral
More quotes by Kenneth E. Boulding
Economists are like computers. They need to have facts punched into them.
Kenneth E. Boulding
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
[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
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
Economists and technologists bring the bits, but it requires the social scientists and humanists to bring the wits.
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
Where there is hypocrisy, there is hope.
Kenneth E. Boulding
Mathematicians themselves set up standards of generality and elegance in their exposition which are a bar to understand.
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 organization of science into disciplines sets up a series of ghettos with remarkable distances of artificial social space between them.
Kenneth E. Boulding
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
All knowledge is gained through an orderly loss of information.
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
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
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
[The question for the behavioral disciplines is simply] what is better, and how do we get there?
Kenneth E. Boulding
There are, of course, a number of epistemological questions, some of which lie more in the province of the philosopher than they do the economist or the social scientist. The one with which I am particularly concerned here is that of the role of knowledge in social systems, both as a product of the past and as a determinant of the future.
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
Consumption is the death of capital, and the only valid arguments in favor of consumption are arguments in favor of death itself.
Kenneth E. Boulding
Humble, honest, ignorance is one of the finest flowers of the human spirit
Kenneth E. Boulding