The concept of need is often looked upon rather unfavorably by economists, in contrast with the concept of demand. Both, however, have their own strengths and weaknesses. The need concept is criticized as being too mechanical, as denying the autonomy and individuality of the human person, and as implying that the human being is a machine which "needs" fuel in the shape of food, engine dope in the shape of medicine, and spare parts provided by the surgeon.
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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