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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.

Kenneth E. Boulding

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Kenneth E. Boulding
Age: 83 †
Born: 1910
Born: January 18
Died: 1993
Died: March 18
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Economist
Philosopher
Poet
University Teacher
City of Liverpool
Kenneth Ewart Boulding
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More quotes by Kenneth E. Boulding

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Are we to regard the world of nature simply as a storehouse to be robbed for the immediate benefit of man?
Kenneth E. Boulding
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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.
Kenneth E. Boulding
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What exists, is possible.
Kenneth E. Boulding
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[The question for the behavioral disciplines is simply] what is better, and how do we get there?
Kenneth E. Boulding
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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
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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
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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
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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
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Know this: though love is weak and hate is strong, Yet hate is short, and love is very long.
Kenneth E. Boulding
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One advantage of exhibiting a hierarchy of systems in this way is that it gives us some idea of the present gaps in both theoretical and empirical knowledge. Adequate theoretical models extend up to about the fourth level, and not much beyond. Empirical knowledge is deficient at practically all levels.
Kenneth E. Boulding
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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
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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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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
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Anyone who believes exponential growth can go on forever in a finite world is either a madman or an economist.
Kenneth E. Boulding
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Nothing fails like success because we don't learn from it. We learn only from failure.
Kenneth E. Boulding
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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.
Kenneth E. Boulding
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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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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
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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
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In any evolutionary process, even in the arts, the search for novelty becomes corrupting.
Kenneth E. Boulding