Quote

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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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
Lies
Hardly
Problems
Edges
Answers
Ethics
Economic
Field
Imperceptibly
Politics
Indeed
Sociology
Lying
Ultimate
Exaggeration
Problem
Answer
Sharp
Every
Fields
Shade

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A world of unseen dictatorship is conceivable, still using the forms of democratic government.
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[The loss-of-strength gradient is] the degree to which military and political power diminishes as we move a unit distance away from its home base.
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[The historical] development in the international system may almost be defined as the process by which we pass from stable war to stable peace.
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The organization of science into disciplines sets up a series of ghettos with remarkable distances of artificial social space between them.
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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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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.
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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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Equilibrium is a figment of the human imagination.
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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.
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The tourist business is a trap, it is a tained honey Man clearly should have stayed in bed, and not invented money.
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Know this: though love is weak and hate is strong, Yet hate is short, and love is very long.
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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 greater the penalties laid on sellers in the black market... the higher the black market price.
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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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
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[The integrative system] deals with such matters as respect, legitimacy, community, friendship, affection, love, and of course their opposites, across a broad scale of human relationships and interactions.
Kenneth E. Boulding
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Mathematics brought rigor to Economics. Unfortunately, it also brought mortis.
Kenneth E. Boulding
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Where there is hypocrisy, there is hope.
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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Mathematicians themselves set up standards of generality and elegance in their exposition which are a bar to understand.
Kenneth E. Boulding