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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.

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
Freedom
Property
Losses
Less
Conflict
Restriction
Form
Terms
Imposed
Broadening
Must
Loss
Justification
Costly
Particular
Institution
Restrictions
Term
Caused
Argued
Greater
Gains
Elimination
Whether
Institutions
Derived

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A world of unseen dictatorship is conceivable, still using the forms of democratic government.
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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.
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In any evolutionary process, even in the arts, the search for novelty becomes corrupting.
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We never like to admit to ourselves that we have made a mistake. Organizational structures tend to accentuate this source of failure of information.
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[The consumer is] the supreme mover of economic order... for whom all goods are made and towards whom all economic activity is directed.
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The most fundamental form of integrative power is the power of love.
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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.
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Economists and technologists bring the bits, but it requires the social scientists and humanists to bring the wits.
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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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Economists are like computers. They need to have facts punched into them.
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Where there is hypocrisy, there is hope.
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With laissez-faire and price atomic, ecology's uneconomic, But with another kind of logic economy's unecologic.
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The trouble with taxonomic boxes is... that that they tend to be empty, however beautiful they are on the outside.
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The greater the penalties laid on sellers in the black market... the higher the black market price.
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Mathematicians themselves set up standards of generality and elegance in their exposition which are a bar to understand.
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Anyone who believes exponential growth can go on forever in a finite world is either a madman or an economist.
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The economy of the future might be called the spaceman economy, in which the earth has become a single spaceship, without unlimited reservoirs of anything.
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Equilibrium is a figment of the human imagination.
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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.
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What exists, is possible.
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