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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
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
Even personal tastes are learned, in the matrix of a culture or a subculture in which we grow up, by very much the same kind of process by which we learn our common values. Purely personal tastes, indeed, can only survive in a culture which tolerates them, that is, which has a common value that private tastes of certain kinds should be allowed.
Kenneth E. Boulding
Economists are like computers. They need to have facts punched into them.
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
With laissez-faire and price atomic, ecology's uneconomic, But with another kind of logic economy's unecologic.
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
Know this: though love is weak and hate is strong, Yet hate is short, and love is very long.
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
Economists and technologists bring the bits, but it requires the social scientists and humanists to bring the wits.
Kenneth E. Boulding
Equilibrium is a figment of the human imagination.
Kenneth E. Boulding
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.
Kenneth E. Boulding
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
What exists, is possible.
Kenneth E. Boulding
The concept of a value-free science is absurd.
Kenneth E. Boulding
Mathematicians themselves set up standards of generality and elegance in their exposition which are a bar to understand.
Kenneth E. Boulding
Conflict may be defined as a situation of competition in which the parties are aware of the incompatibility of potential future positions, and in which each party wishes to occupy a position that is incompatible with the wishes of the other.
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
The most fundamental form of integrative power is the power of love.
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