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By AnonymKenneth E. Boulding
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.
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By AnonymKenneth 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.
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By AnonymKenneth E. Boulding
Mathematicians themselves set up standards of generality and elegance in their exposition which are a bar to understand.
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By AnonymKenneth E. Boulding
Mathematics brought rigor to Economics. Unfortunately, it also brought mortis.
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By AnonymKenneth E. Boulding
No science of any kind can be divorced from ethical considerations... Science is a human learning process which arises in certain subcultures in human society and not in others, and a subculture as we seen is a group of people defined by acceptance of certain common values, that is, an ethic which permits extensive communication between them.
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By AnonymKenneth E. Boulding
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.
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By AnonymKenneth E. Boulding
Nothing fails like success because we don't learn from it. We learn only from failure.
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By AnonymKenneth E. Boulding
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.
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By AnonymKenneth E. Boulding
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.
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By AnonymKenneth E. Boulding
One reason why the progressive state is 'cheerful' is that social conflict is diminished by it.
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By AnonymKenneth E. Boulding
[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.'
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By AnonymKenneth E. Boulding
[Peace praxis is] a peace process that deals with conflict integratively.
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By AnonymKenneth E. Boulding
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.
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By AnonymKenneth E. Boulding
Physicists can only talk to other physicists and economists to economists... sociologists often cannot even understand each other.
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By AnonymKenneth E. Boulding
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.
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By AnonymKenneth E. Boulding
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.
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By AnonymKenneth E. Boulding
Production functions involving only land, labor and capital... never work and never explain economic development.
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By AnonymKenneth E. Boulding
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.
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By AnonymKenneth E. Boulding
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.
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By AnonymKenneth E. Boulding
The concept of a value-free science is absurd.
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By AnonymKenneth 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.
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By AnonymKenneth E. Boulding
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.
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By AnonymKenneth E. Boulding
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
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By AnonymKenneth E. Boulding
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.
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By AnonymKenneth E. Boulding
The evolutionary vision is agnostic in regard to systems in the universe of greater complexity than those of which human beings have clear knowledge. It recognizes aesthetic, moral, and religious ideas and experiences as a species, in this case of mental structures or of images, which clearly interacts with other species in the world's great' ecosystem.
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By AnonymKenneth E. Boulding
The evolutionary vision is agnostic in regard to systems in the universe of greater complexity than those of which human beings have clear knowledge.
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By AnonymKenneth 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.
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By AnonymKenneth E. Boulding
The greater the penalties laid on sellers in the black market... the higher the black market price.
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By AnonymKenneth E. Boulding
[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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By AnonymKenneth E. Boulding
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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By AnonymKenneth E. Boulding
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.
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By AnonymKenneth E. Boulding
The image of the frontier is probably one of the oldest images of mankind, and it is not surprising that we should find it hard to get rid of.
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By AnonymKenneth E. Boulding
[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.
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By AnonymKenneth E. Boulding
[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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By AnonymKenneth E. Boulding
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.
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By AnonymKenneth E. Boulding
The most fundamental form of integrative power is the power of love.
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By AnonymKenneth E. Boulding
[The notion of equilibrium] is a notion which can be employed usefully in varying degrees of looseness. It is an absolutely indispensable part of the toolbag of the economist and one which he can often contribute usefully to other sciences which are occasionally apt to get lost in the trackless exfoliations of purely dynamic systems.
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By AnonymKenneth E. Boulding
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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By AnonymKenneth E. Boulding
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.
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By AnonymKenneth E. Boulding
Theories without facts may be barren, but facts without theories are meaningless.
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By AnonymKenneth E. Boulding
The perception of potential threats to survival may be much more important in determining behavior than the perceptions of potential profits, so that profit maximization is not really the driving force. It is fear of loss rather than hope of gain that limits our behavior.
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By AnonymKenneth E. Boulding
The process of consumption is the final act in the economic drama.
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By AnonymKenneth E. Boulding
The proposition that the meek (that is the adaptable and serviceable), inherit the earth is not merely a wishful sentiment of religion, but an iron law of evolution.
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By AnonymKenneth E. Boulding
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.
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By AnonymKenneth E. Boulding
There is a quiet, open place in the depths of the mind, to which we can go many times in the day and lift up our soul in praise, thankfulness and conscious unity. With practise this God-ward turn of the mind becomes an almost constant direction, underlying all our other activities.
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By AnonymKenneth E. Boulding
There is no such thing as economics, only social science applied to economic problems.
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By AnonymKenneth E. Boulding
There is something, however humble, which can properly be called skill among those who recognise themselves as economists.
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By AnonymKenneth E. Boulding
[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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By AnonymKenneth E. Boulding
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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By AnonymKenneth E. Boulding
The social dynamics of human history, even more than that of biological evolution, illustrate the fundamental principle of ecological evolution - that everything depends on everything else. The nine elements that we have described in societal evolution of the three families of phenotypes - the phyla of things, organizations and people, the genetic bases in knowledge operating through energy and materials to produce phenotypes, and the three bonding relations of threat, integration and exchange - all interact on each other.
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