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.
What exists, is possible. - Kenneth E. Boulding
What exists, is possible.
- Kenneth E. Boulding
The future is bound to surprise us, but we don't have to be dumbfounded. - Kenneth E. Boulding
The future is bound to surprise us, but we don't have to be dumbfounded.
Anyone who believes exponential growth can go on forever in a finite world is either a madman or an economist. - Kenneth E. Boulding
Anyone who believes exponential growth can go on forever in a finite world is either a madman or an economist.
Integrative power [is] the ultimate power - Kenneth E. Boulding
Integrative power [is] the ultimate power
As long as man was small in numbers and limited in technology, he could realistically regard the earth as an infinite reservoir, an infinite source o… - Kenneth E. Boulding
As long as man was small in numbers and limited in technology, he could realistically regard the earth as an infinite reservoir, an infinite source o…
Know this: though love is weak and hate is strong, Yet hate is short, and love is very long. - Kenneth E. Boulding
Know this: though love is weak and hate is strong, Yet hate is short, and love is very long.
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 pr… - Kenneth E. Boulding
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 pr…
[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
[The consumer is] the supreme mover of economic order... for whom all goods are made and towards whom all economic activity is directed.
Equilibrium is a figment of the human imagination. - Kenneth E. Boulding
Equilibrium is a figment of the human imagination.
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