Kenneth E. Boulding Quotes

Kenneth Ewart Boulding was an English-born American economist, educator, peace activist, poet, religious mystic, devoted Quaker, systems scientist, and interdisciplinary philosopher. He published over three dozen books and over one-hundred dozen articles. Current Contents found him to be one of those rare authors of a "Citation Classic." Indeed, even more rare, he was the author of two Citation Classics: The Image: Knowledge in Life and Society and Conflict and Defense: A General Theory . He was cofounder of General Systems Theory and founder of numerous ongoing intellectual projects in economics and social science. He was married to Elise M. Boulding.

✵ 18. January 1910 – 18. March 1993
Kenneth E. Boulding: 163   quotes 5   likes

Famous Kenneth E. Boulding Quotes

“Anyone who believes exponential growth can go on forever in a finite world is either a madman or an economist.”

Attributed to Kenneth Boulding in: United States. Congress. House (1973) Energy reorganization act of 1973: Hearings, Ninety-third Congress, first session, on H.R. 11510. p. 248
1970s
Variant: Anyone who believes in indefinite growth in anything physical, on a physically finite planet, is either mad or an economist.

“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.”

Source: 1960s, Economics As A Moral Science, 1969, p. 2 cited in: John B. Davis (2011) Kenneth Boulding as a Moral Scientist http://epublications.marquette.edu/cgi/viewcontent.cgi?article=1011&context=econ_workingpapers Working paper

“[Peace praxis is] a peace process that deals with conflict integratively.”

Source: 1980s, Three Faces of Power, 1989, p. 140 as cited in: Joseph De Rivera (2008) Handbook on Building Cultures of Peace. p. 243

Kenneth E. Boulding: Trending quotes

“The social system tends to be dominated by images… especially of the future, which act cybernetically, constantly guided by perceived divergences between the real and the ideal”

Source: 1970s, Toward a General Social Science, 1974, p. vii as cited by Debora Hammond (1995) "Perspectives from the Boulding files". In: Systems Research Vol. 12 No. 4, p. 281-290

“Economic development does not consist merely in the piling up of things, but in the accumulation of new kinds of things”

Source: 1960s, The meaning of the twentieth century: the great transition, 1964, p. 116. partly cited in: (2013) " What Boulding Said Went Wrong with Economics, A Quarter Century On http://www.deirdremccloskey.com/editorials/boulding.php"
Context: The success of Japanese development is due simply to the fact that Japan devoted a substantial portion of its resources to the growth industry, and particularly to the human resources and then commended Max Weber's emphasis on hard work and thrift.
All the law and the prophets of economic development can be summed up in the old proverb that "where there's a will there's a way". The way indeed is absurdly easy and is well known. It consists merely in putting resources into growth. What could be simpler and easier! the problem however, is the will, and this. I think, we understand very little. The whole cultural milieu of society plays a role in the process of developing its will, and it is hard to separate the determining factors. A widespread puritan ethic, as Max Weber pointed out, is undoubtedly an asset, if this leads people to place a high value on hard work and thrift. On the other hand, puritanism often goes along with a resistance to social change and an unwillingness to innovate outside a narrow field of technology, and thrift alone can often lead to uncreative forms of accumulation or even to unemployment and depression. Mere accumulation is not enough. Economic development does not consist merely in the piling up of things, but in the accumulation of new kinds of things.

“The process of consumption… is the final act in the economic drama”

Source: 1940s, Economic Analysis, 1941, p. 614 (rev. ed. 1948) as cited in: Andrew McMeekin (2002) Innovation by Demand. p. 131

Kenneth E. Boulding Quotes

“[The information available within a system constitutes what Boulding (1978) calls the noosphere. It is constituted by the collection of plans, of representations, of procedures, of ideas for the construction of objects or of instructions to realize certain interaction patterns, including] the totality of the cognitive content, including values, of all human nervous systems, plus the prostatic devices by which the system is extended and integrated in the form of libraries, computers, telephones, post offices, and so on.”

Source: 1970s, Ecodynamics: A New Theory Of Societal Evolution, 1978, p. 122, cited in: Jorge Reina Schement, Brent D. Ruben (1993) Information and Behavior - Volume 4. p. 517
Robert A. Solo (1994) " Kenneth Ewart Boulding: 1910-1993. An Appreciation http://www.jstor.org/stable/4226892" commented: "The image appears as crucial in Boulding's treatment of societal evolution. Here the record is in human artifacts, not only in material structures such as buildings and machines, telephones and radios, but also in organizations including the extended family, the tribe, the nation, and the corporation. All such artifacts originate in and are sustained by images in the human mind. Civilization and civilized man, in the language that he knows, the skills he acquires, the whole heritage of tradition and manners he has learned, are human artifacts."

“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”

Attributed to Kenneth Boulding (1976) in John T. Partington, Terry Orlick, John H. Salmela (1982) Sport in perspective. p. 94
1970s

“Economists can take a good deal of credit for the stabilization policies which have been followed in most Western countries since 1945 with considerable success. It is easy to generate a euphoric and self-congratulatory mood when one compares the twenty years after the first World War, 1919-39, with the twenty years after the second, 1945-65. The first twenty years were a total failure; the second twenty years, at least as far as economic policy is concerned, have been a modest success. We have not had any great depression; we have not had any serious financial collapse; and on the whole we have had much higher rates of development in most parts of the world than we had in the 1920’s and 1930’s, even though there are some conspicuous failures. Whether the unprecedented rates of economic growth of the last twenty years, for instance in Japan and Western Europe, can be attributed to economics, or whether they represent a combination of good luck in political decision making with the expanding impact of the natural and biological sciences on the economy, is something we might argue. I am inclined to attribute a good deal to good luck and non-economic forces, but not all of it, and even if economics only contributed 10 percent, this would amount to a very handsome rate of return indeed, considering the very small amount of resources we have really put into economics.”

Source: 1960s, The economics of knowledge and the knowledge of economics, 1966, p. 9

“[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”

Source: 1950s, The Image: Knowledge in Life and Society, 1956, p. 22 as cited in: Robert A. Solo (1994) " Kenneth Ewart Boulding: 1910-1993. An Appreciation http://www.jstor.org/stable/4226892". In: Journal of Economic Issues. Vol. 28, No. 4 (Dec., 1994), pp. 1187-1200

“We should always bear in mind that numbers represent a simplification of reality.”

Source: 1980s, Three Faces of Power, 1989, p. 96 quoted in: Andrew Mearman (2011) " Three cheers for Kenneth Boulding! http://www.ntu.ac.uk/nbs/document_uploads/109014.pdf"

“Communication can only take place among equals.”

Source: 1970s, Toward a General Social Science, 1974, p. 240

“The ultimate "causes of price" - to use a Classical term - lie deeply embedded in the psychology and techniques of mankind and his environment, and are as manifold as the sands of the sea. All economic analysis is an attempt to classify these manifold causes, to sort them out into categories of discourse that our limited minds can handle, and so to perceive the unity of structural relationship which both unites and separates the manifoldness. Our concepts of "" and "supply" are such broad categories. In whatever sense they are used, they are not ultimate determinants of anything, but they are convenient channels through which we can classify and describe the effects of the multitude of determinants of the system of economic magnitude.”

Kenneth Boulding (1944) " A Liquidity Preference Theory of Market Prices http://cas.umkc.edu/econ/economics/faculty/wray/631Wray/Week%207/Boulding.pdf". In: Economica, New Series, Vol. 11, No. 42 (May, 1944), pp. 55-63.
C. Brown (2003) " Toward a reconcilement of endogenous money and liquidity preference http://www.clt.astate.edu/crbrown/brownjpke.pdf" in: Journal of Post Keynesian Economics. Winter 2003–4, Vol. 26, No. 2. 323 commented on this article, saying: "Boulding (1944) argued that if liquidity preference were divorced from the "demand for money," the former could come into its own as a theory of financial asset pricing. According to this view, rising liquidity preference or a "wave of bearish sentiment" is manifest in a shift from certain asset categories, specifically, those that are characterized by high capital uncertainty (that is, uncertainty about the future value of the asset as a result of market revaluation) to assets such as commercial paper or giltedged securities."
1940s

“The concept of a value-free science is absurd.”

Source: 1960s, Economics As A Moral Science, 1969, p. 4 cited in: John B. Davis (2011)

“We all, or nearly all, consent If wages rise by ten per cent It puts a choice before the nation Of unemployment or inflation.”

Kenneth Boulding (1951) in: The impact of the Union: eight economic theorists evaluate the labor union movement. John Maurice Clark & David McCord Wright eds.
1950s

“Integrative power [is] the ultimate power”

Source: 1980s, Three Faces of Power, 1989, p. 109

“Accounting for the most part, remains a legalistic and traditional practice, almost immune to self-criticism by scientific methods.”

Kenneth Boulding (1958, p. 95) as cited in: Edward Stamp, Michael J. Mumford, Ken V. Peasnell (1993) Philosophical Perspectives on Accounting. p. 147
1950s

“Equilibrium is a figment of the human imagination.”

Source: 1970s, Toward a General Social Science, 1974, p. 29

“[if the automobile is replaced by public trans port] the social structure of cities will revert to the ecological pattern of 1880.”

Source: 1970s, Toward a General Social Science, 1974, p. 257 as cited in D.S. Houghton, B.J. Shaw (1982) "The city in an era of restricted car usage: Some further observations and policy responses". In: Geoforum. Vol 13, Issue 1, p. 19–25,

“[The law of evolution states that] complexity increases in terms of differentiation and structure.”

Source: 1970s, Ecodynamics: A New Theory Of Societal Evolution, 1978, p. 10 as cited in P.P. Kandelaars (1999) Economic Models of Material-Product Chains for Environmental Policy Analysis. p. 13

“Canada has no cultural unity, no linguistic unity, no religious unity, no economic unity, no geographic unity. All it has is unity.”

Kenneth Boulding cited in: World Union (Organization) (1982) World union. Vol 22. p. 35
1980s

“[The consumer is] the supreme mover of economic order… for whom all goods are made and towards whom all economic activity is directed.”

Source: 1940s, Economic Analysis, 1941, p. 613 (rev. ed. 1948) as cited in: Andrew McMeekin (2002) Innovation by Demand. p. 131

“The only religion that still demands human sacrifice is nationalism.”

Attributed to Kenneth Boulding in: Russell Francis Farnen (1996) Democracy, socialization, and conflicting loyalties in East and West. p. 52
1990s and attributed

“Mathematics brought rigor to Economics. Unfortunately, it also brought mortis”

Attributed to Kenneth Boulding in: Peter J. Dougherty (2002) Who's afraid of Adam Smith?: how the market got its soul. p. 110
1990s and attributed

“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 Boulding (1986) "Proceedings of the 7th Friends Association for Higher Education Conference, Malone College, 1986" p. 4, quoted in Debora Hammond, The Science of Synthesis, Colorado: University of Colorado Press, 2003.
1980s

“We never like to admit to ourselves that we have made a mistake. Organizational structures tend to accentuate this source of failure of information.”

Source: 1970s, Toward a General Social Science, 1974, p. 87 quote in: D.A. Bella (1978) Environment, technology, and future generations

“[Veblenian institutionalism was] part of a much larger movement of dissent, that includes London School Institutionalists, Oxford Antimarginalists and the German Historical School (especially its second generation.”

Kenneth Boulding (1957) "A New Look at Institutionalism". In: The American Economic Review Vol 47, no.2, p. 3 as cited in: Klimina, Anna, (2008) " On misuse of the term “institutionalist” in the analysis of Russian academic economics of the late 19th and early 20th centuries: the case of Michail Tugan-Baranovsky (1865-1919) http://www.accessecon.com/pubs/EB/2008/Volume2/EB-08B10002A.pdf" Economics Bulletin, Vol. 2, No. 2 pp. 2
1950s

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