Top 126 Quotes & Sayings by Kenneth E. Boulding - Page 2

Explore popular quotes and sayings by an American economist Kenneth E. Boulding.
Last updated on November 8, 2024.
[Even the mechanism can be endowed with an image. Thus] the thermostat has an image of the outside world in the shape of information regarding its temperature. It has also a value system in the sense of the ideal temperature at which it is set. Its behavior is directed towards the receipt of information which will bring its image and its value systems together.
It is clear that the building of models is not a purely mechanical process but requires skill of a high order - not merely mathematical skill but a sensitivity to the relative importance of different factors and a critical, almost an artistic, faculty in the selection of behaviour equations which are reasonable, tentative hypotheses in explaining the behaviour of actual economies.
The human experience can almost be summed up in the observation that, whereas all decisions are of the past, all decisions are about the future. The image of the future, therefore, is the key to all choice-oriented behavior. The character and quality of the images of the future which prevail in a society is therefore the most important clue to its overall dynamics.
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.
Reality, in its quantitative aspect, must be considered as a system of populations... The general study of the equilibria and dynamics of populations seems to have no name; but as it has probably reached its highest development in the biological study known as 'ecology,' this name may well be given to it.
Knowledge exists in minds, not in books. Before what has been found can be used by practitioners, someone must organize it, integrate it, extract the message. — © Kenneth E. Boulding
Knowledge exists in minds, not in books. Before what has been found can be used by practitioners, someone must organize it, integrate it, extract the message.
[The historical] development in the international system may almost be defined as the process by which we pass from stable war to stable peace.
Economics, we learn in the history of thought, only became a science by escaping from the casuistry and moralizing of medieval thought.
The organizer who creates roles, who creates the holes that will force the pegs to their shape, is a prime creator of personality itself. When we ask of a man, "What is he?" the answer is usually given in terms of his major role, job, or position in society; he is the place that he fills, a painter, a priest, a politician, a criminal.
The tourist business is a trap, it is a tained honey; Man clearly should have stayed in bed, and not invented money.
I have been gradually coming under the conviction, disturbing for a professional theorist, that there is no such thing as economics - there is only social science applied to economic problems.
In any evolutionary process, even in the arts, the search for novelty becomes corrupting.
Where there is hypocrisy, there is hope.
DNA has been aptly described as the first three-dimensional Xerox machine.
[on the theory of the firm] It is exactly analogous to the analysis of the reactions of a consumer by means of indifferent curves. Indeed, a consumer is merely a 'firm' whose product is 'utility.'
The use of isoquants to describe the production function did not develop to any great extent until the thirties.
... the fouling of the nest which has been typical of man's activity in the past on a local scale now seems to be extending to the whole world society. — © Kenneth E. Boulding
... the fouling of the nest which has been typical of man's activity in the past on a local scale now seems to be extending to the whole world society.
Without the heroic, man has no meaning; without the economic, he has no sense. Economic man is most likely to be economic woman - a good wife, pulling the coat tails of her heroic husband, checking his extravagances of speech and action with words of caution and good sense. But without the heroic coat tails to pull, life for both of them would be dull and savorless indeed.
The illusion that consumption - and its correlative, income - is desirable probably stems from too great preoccupation with what Knight calls "one-use goods," such as food and fuel, where the utilization and consumption of the good are tightly bound together in a single act or event. ... any economy in the consumption of fuel that enables us to maintain warmth or to generate power with lessened consumption again leaves us better off. ... there is no great value in consumption itself.
General Systems Theory is a name which has come into use to describe a level of theoretical model-building which lies somewhere between the highly generalized constructions of pure mathematics and the specific theories of the specialized disciplines. Mathematics attempts to organize highly general relationships into a coherent system, a system however which does not have any necessary connections with the "real" world around us. It studies all thinkable relationships abstracted from any concrete situation or body of empirical knowledge.
One reason why the progressive state is 'cheerful' is that social conflict is diminished by it.
It is much more accurate to identify the factors of production as know-how (that is genetic information structure), energy, and materials, for, as we have seen, all processes of production involve the direction of energy by some know-how structure toward the selection, transportation, and transformation of materials into the product
One of the most important skills of the economist, therefore, is that of simplification of the model. Two important methods of simplification have been developed by economists. One is the method of partial equilibrium analysis (or microeconomics), generally associated with the name of Alfred Marshall and the other is the method of aggregation (or macro-economics), associated with the name of John Maynard Keynes.
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.
In view of the importance of philanthropy in our society, it is surprising that so little attention has been given to it by economic or social theorists. In economic theory, especially, the subject is almost completely ignored. This is not, I think, because economists regard mankind as basically selfish or even because economic man is supposed to act only in his self-interest; it is rather because economics has essentially grown up around the phenomenon of exchange and its theoretical structure rests heavily on this process.
Are we to regard the world of nature simply as a storehouse to be robbed for the immediate benefit of man?
Nothing fails like success, because we do not learn anything from it. We only learn from failure, but we do not always learn the right things from failure. If there is a failure of expectations, that is, if the messages that we receive are not the same as those we expected, we can make three possible inferences.
At the opposite pole from the gift is tribute - that is, a grant made out of fear and under threat. A threat is a statement of the form "you do something that I want or I will do something that you do not want.
The evolutionary vision is agnostic in regard to systems in the universe of greater complexity than those of which human beings have clear knowledge.
The greater the penalties laid on sellers in the black market... the higher the black market price.
Integrative power [is] the ultimate power
The ability to work with systems of general equilibrium is perhaps one of the most important skills of the economist - a skill which he shares with many other scientists, but in which he has perhaps a certain comparative advantage.
We are born to love, as we are born to breathe and eat and drink.
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.
Almost every organization... exhibits two faces a smiling face which it turns toward its members and a frowning face which it turns to the world outside.
Consumption is the death of capital, and the only valid arguments in favor of consumption are arguments in favor of death itself.
[Peace praxis is] a peace process that deals with conflict integratively.
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
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.
The process of consumption is the final act in the economic drama.
As far as many statistical series that are related to activities of mankind are concerned, the date that divides human history into two equal parts is well within living memory. The world of today is as different from the world I was born in as that world was from Julius Caesar s. I was born in the middle of human history, to date, roughly. Almost as much has happened since I was born as happened before.
Any attempt to reduce the complex properties of biological organisms or of nervous systems or of human brains to simple physical and chemical systems is foolish. — © Kenneth E. Boulding
Any attempt to reduce the complex properties of biological organisms or of nervous systems or of human brains to simple physical and chemical systems is foolish.
Economists and technologists bring the "bits", but it requires the social scientists and humanists to bring the "wits.
The very act of thinking about power in our lives and experiences creates a process of revelation and self-analysis that may even make us look at ourselves in a new light... thinking about power and its complex manifestations may not simply lead to a better understanding of the abstract complexities of society, but may have an effect on one?s own image and identity. Perhaps a warning label should be placed on the cover.
Nothing fails like success because we don't learn from it. We learn only from failure.
Economic progress means the discovery and application of better ways of doing things to satisfy our wants. The piping of water to a household that previously dragged it from a well, the growing of two blades of grass where one grew before, the development of a power loom that enables one man to weave ten times as much as he could before, the use of steam power and electric power instead of horse or human power - all these things clearly represent economic progress.
Thus we seem to be on the verge of an expansion of welfare economics into something like a social science of ethics and politics: what was intended to be a mere porch to ethics is either the whole house or nothing at all. In so laying down its life welfare economics may be able to contribute some of its insights and analytical methods to a much broader evaluative analysis of the whole social process.
The trouble with taxonomic boxes is... that that they tend to be empty, however beautiful they are on the outside.
Production functions involving only land, labor and capital... never work and never explain economic development.
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.
[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.
There is no such thing as economics, only social science applied to economic problems. — © Kenneth E. Boulding
There is no such thing as economics, only social science applied to economic problems.
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.
There is something, however humble, which can properly be called skill among those who recognise themselves as economists.
With laissez-faire and price atomic, ecology's uneconomic, But with another kind of logic economy's unecologic.
Humble, honest, ignorance is one of the finest flowers of the human spirit
The love of God again makes us free, for it draws us to set a low value on those things wherein we are subject to others - our wealth, our position, our reputation, and our life - and to set a high value on those things which no man can take from us - our integrity, our righteousness, our love for all men, and our communion with God.
Economists are like computers. They need to have facts punched into them.
[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.
The right to have children should be a marketable commodity, bought and traded by individuals but absolutely limited by the state.
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