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The greater the penalties laid on sellers in the black market... the higher the black market price.
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
Higher
Greater
Black
Sellers
Penalties
Laid
Price
Market
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
[In science any model depends on a pre-chosen taxonomy] a set of classifications into which we divide the enormous complexity of the real world... Land, labor, and capital are extremely heterogeneous aggregates, not much better than earth, air, fire, and water.
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
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
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
A world of unseen dictatorship is conceivable, still using the forms of democratic government.
Kenneth E. Boulding
[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
Economists are like computers. They need to have facts punched into them.
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
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
The concept of a value-free science is absurd.
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
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
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.
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
All knowledge is gained through an orderly loss of information.
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
The perception of potential threats to survival may be much more important in determining behavior than the perceptions of potential profits, so that profit maximization is not really the driving force. It is fear of loss rather than hope of gain that limits our behavior.
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
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
