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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
Black
Sellers
Penalties
Laid
Price
Market
Higher
Greater
More quotes by Kenneth E. Boulding
Anyone who believes exponential growth can go on forever in a finite world is either a madman or an economist.
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
[The historical] development in the international system may almost be defined as the process by which we pass from stable war to stable peace.
Kenneth E. Boulding
What exists, is possible.
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 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
In calling society an ecological system we are not merely using an analogy society is an example of the general concept of an ecosystem that is, an ecological system of which biological systems - forests, fields, swamps - are other examples.
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
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
Equilibrium is a figment of the human imagination.
Kenneth E. Boulding
Nothing fails like success because we don't learn from it. We learn only from failure.
Kenneth E. Boulding
Economists and technologists bring the bits, but it requires the social scientists and humanists to bring the wits.
Kenneth E. Boulding
Are we to regard the world of nature simply as a storehouse to be robbed for the immediate benefit of man?
Kenneth E. Boulding
The most fundamental form of integrative power is the power of love.
Kenneth E. Boulding
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
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
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.
Kenneth E. Boulding
Mathematics brought rigor to Economics. Unfortunately, it also brought mortis.
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
Economists are like computers. They need to have facts punched into them.
Kenneth E. Boulding
