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Equilibrium is a figment of the human imagination.

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
Humans
Figment
Figments
Equilibrium
Imagination
Human

More quotes by 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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Mathematics brought rigor to Economics. Unfortunately, it also brought mortis.
Kenneth E. Boulding
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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.
Kenneth E. Boulding
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The trouble with taxonomic boxes is... that that they tend to be empty, however beautiful they are on the outside.
Kenneth E. Boulding
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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.
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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[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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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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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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The future is bound to surprise us, but we don't have to be dumbfounded.
Kenneth E. Boulding
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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
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The controversy as to whether socialism is possible has been settled by the fact that it exists, and it is a fundamental axiom of my philosophy, at any rate, that anything that exists, is possible.
Kenneth E. Boulding
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Humble, honest, ignorance is one of the finest flowers of the human spirit
Kenneth E. Boulding
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The right to have children should be a marketable commodity, bought and traded by individuals but absolutely limited by the state.
Kenneth E. Boulding
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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
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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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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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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
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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