Kenneth E. Boulding: Trending quotes (page 4)

“[The theory of the firm] 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’.”

Kenneth E. Boulding

Source: 1940s, The theory of the firm in the last ten Years, 1942, p. 799

Indifference

“Economics deals with the behavior of commodities rather than with the behavior of men.”

Kenneth E. Boulding

Attributed to Kenneth Boulding in: Peter F. Drucker, Management: Tasks, Responsibilities, Practices, New York: Truman Talley Books, E.P. Dutton, 1986, p. 21.
1980s

Men , Behavior

“[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.”

Kenneth E. Boulding

Kenneth Boulding (1986) "What Went Wrong with Economics?" in: The American Economist Vol 30 (Spring) pp. 7-8, as cited in: Deirdre McCloskey (2013) " What Boulding Said Went Wrong with Economics, A Quarter Century On http://www.deirdremccloskey.com/editorials/boulding.php"
1980s

World , Water , Science , Dependency

“Private property is a means, and neither its abolition nor its unrestricted right should be an end in itself”

Kenneth E. Boulding

Source: 1950s, Principles of economic policy, 1958, p. 400

“A second possible approach to general systems theory is through the arrangement of theoretical systems and constructs in a hierarchy of complexity, roughly corresponding to the complexity of the "individuals" of the various empirical fields… leading towards a "system of systems."… I suggest below a possible arrangement of "levels" of theoretical discourse.”

Kenneth E. Boulding

1950s, General Systems Theory - The Skeleton of Science, 1956

“Two possible approaches to the organization of general systems theory suggest themselves, which are to be thought of as complementary rather than competitive, or at least as two roads each of which is worth exploring. The first approach is to look over the empirical universe and to pick out certain general phenomena which are found in many different disciplines, and to seek to build up general theoretical models relevant to these phenomena. The second approach is to arrange the empirical fields in a hierarchy of complexity of organization of their basic "individual" or unit of behavior, and to try to develop a level of abstraction appropriate to each.”

Kenneth E. Boulding

Source: 1950s, General Systems Theory - The Skeleton of Science, 1956, p. 200

Behavior , Universe

“Economists and technologists bring the "bits", but it requires the social scientists and humanists to bring the "wits."”

Kenneth E. Boulding

Attributed to Kenneth Boulding in Michael H. Prosser, K. S. Sitaram (1999) Civic Discourse: Intercultural, International, and Global Media. p. 11
1990s and attributed

“If we saw tomorrow’s newspaper today, tomorrow would never happen.”

Kenneth E. Boulding

Attributed to Kenneth Boulding in: Russell Ackoff " Russell Ackoff: A Lifetime of Systems Thinking; Editor’s note http://www.pegasuscom.com/levpoints/ackoff_a-lifetime-of-systems-thinking.html" in: Leverage Points, Issue 115.
1990s and attributed

“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.”

Kenneth E. Boulding

Source: 1950s, The Organizational Revolution: A study in the ethics of economic organization, 1953, p. 10 as cited in: Joseph T. Mahoney & Anne S. Huff (1993) Toward a New Social Contract. Theory in Organization Science https://ideals.illinois.edu/bitstream/handle/2142/30105/towardnewsocialc93136maho.pdf?sequence=2 Faculty paper, University of Illinois at Urbana

World , Smile

“[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.”

Kenneth E. Boulding

Spicer (1997) explains: "Boulding (1989) referred to three independent systems from which power is exercised in our society: threat, production and exchange, and integrative. The threat system is one in which power is accomplished through coercion in its many guises, often including asymmetrical one-way persuasive communication exchanges. The production and exchange system speaks to the economic system, of which public relations is certainly a part. And, finally, the integrative system.
Source: 1980s, Three Faces of Power, 1989, p. 670-671 as cited in: Christopher Spicer (1997) Organizational Public Relations: A Political Perspective. p. 248

Love , Friendship , Communication

“In this chapter I want to raise the question partly in jest but partly also in seriousness whether the concept of the image cannot become the abstract foundation of a new science, or at least a cross-disciplinary specialization. As I am indulging in the symbolic communication of an image of images I will even venture to give the science a name — Eiconics — hoping thereby to endow it in the minds of my readers with some of the prestige of classical antiquity. I run some risk perhaps of having my new science confused with the study of icons. A little confusion, however, and the subtle overtones of half-remembered associations are all part of the magic of the name.”

Kenneth E. Boulding

Robert A. Solo (1994) commented: "Curiously, and quite independently of the publication of the The Image, there did occur in the 1950s and in the decades that followed a revolutionary transformation of the social and behavioral sciences associated with the term structuralism, which hinged on the concept and study of the image (call it cognitive structure, or paradigm, or episteme, or ideology). This was the case in the work of Jean Piaget in psychology, of Thomas Kuhn and Michael Foucault in the history and philosophy of science, of Noam Chomsky in linguistics, of Claude Levi Strauss in anthropology, and others. Though The Image was the first and in my view by far the finest American structuralist essay, it had no visible impact on economics... The economist's image of his world is alas very difficult to penetrate and even more difficult to change."
Source: 1950s, The Image: Knowledge in Life and Society, 1956, p. 128

Hope , Communication , Question , Study

“Adam Smith, who has strong claim to being both the Adam and the Smith of systematic economics, was a professor of moral philosophy and it was at that forge that economics was made. Even when I was a student, economics was still part of the moral sciences tripos at Cambridge University. It can claim to be a moral science, therefore, from its origin, if for no other reason. Nevertheless, for many economists the very term “moral science” will seem like a contradiction. We are strongly imbued today with the view that science should be wertfrei and we believe that science has achieved its triumph precisely because it has escaped the swaddling clothes of moral judgment and has only been able to take off into the vast universe of the “is” by escaping from the treacherous launching pad of the “ought.” Even economics, we learn in the history of thought, only became a science by escaping from the casuistry and moralizing of medieval thought.”

Kenneth E. Boulding

Source: 1960s, Economics As A Moral Science, 1969, p. 12

History , Strong , Learning , Universe

“We have defined the main task of economic analysis as the explanation of the magnitudes of economic quantities. The student will find also that the main part of this, as of most other works on the subject, is concerned with the theory of the determination of prices, wages, interest rates, incomes, and the like. He may well inquire, therefore, in the midst of so much mathematics, whether the first task of economics is not the investigation of wealth, or welfare. Some economists have endeavored to restrict the boundaries of the science to the investigation of those quantities which are numerically measurable. Well-being, under such a restriction, would not be part of economics at all.”

Kenneth E. Boulding

Source: 1940s, Economic Analysis, 1941, p. 7-8

Mathematics , Science , Parting , Wealth

“My first acquaintance with the work of Dr. Fred Polak came in the year 1954–5, when we were both fellows at the new Center for Advanced Study in the Behavioral Sciences at Stanford. Dr. and Mrs. Polak lived in a little house at the back of the garden of the house that the Bouldings rented and participated very cheerfully in the life of the Bouldings and their four young children. Many exciting things came out of that year at Stanford, such as the Society for General Systems Research and the Journal of Conflict Resolution. But looking back on the expérience after nearly twenty years, I think the most important impact on the thought of both Elise Boulding and myself were the many conversations that we had with the Polaks around the dining table and in the garden.”

Kenneth E. Boulding

Kenneth Boulding (1973) in: Foreword of The Image of the Future by Fred Polak.
1970s

Life , Children , Behavior , Thinking

“It is probable that when future historians of economic thought look back over this century, the thirties will appear as an era of rapid development in economic theory. Not only has there been unusual activity in monetary theory, theory of value. but extensive transformations have also been made in the basic theory of value. The outstanding publications in this field are, of course, Joan Robinson's Theory of Imperfect Competition and Chamberlin's Theory of Monopolistic Competition, the first produced in Cambridge, England, and the second in Cambridge, Massachusetts. These volumes mark the explicit recognition of the theory of the firm as an integral division of economic analysis upon which rests the whole fabric of equilibrium theory. General equilibrium is nothing more than the problem of the interaction of individual economic organisms, under various conditions and assumptions; as a necessary preliminary to its solution, an adequate theory of the individual organism itself is necessary.”

Kenneth E. Boulding

Source: 1940s, The theory of the firm in the last ten Years, 1942, p. 791

Problem , Appearance , Future

“The organization of science into disciplines sets up a series of ghettos with remarkable distances of artificial social space between them.”

Kenneth E. Boulding

Kenneth Boulding (1973) Image and Environment. p. ix
1970s

Science

“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”

Kenneth E. Boulding

Source: 1940s, The theory of the firm in the last ten Years, 1942, p. 793 cited in: Pedro Garcia Duarte (2010) " A Path through the Wilderness: Time Discounting in Growth Models http://public.econ.duke.edu/~staff/wrkshop_papers/2009-2010_Papers/PGDuarte_Path_Through_Wilderness.pdf"

Question , Time

“A somewhat casual observer from outer space might well deduce that the course of evolution in this planet had produced a species of large four-wheeled bugs with detachable brains; peculiar animals which rested when they sent their brains away from them but performed in rather predictable manner when their brains were recalled.”

Kenneth E. Boulding

Kenneth Boulding (1966) Economics and Ecology. p. 225
1960s

Animals

“As I sit at my desk, I know where I am. I see before me a window; beyond that some trees; beyond that the red roofs of the campus of Stanford University; beyond them the trees and the roof tops which mark the town of Palo Alto; beyond them the bare golden hills of the Hamilton Range… beyond that other mountains, range upon range, until we come to the Rockies; beyond that the Great Plains and the Mississippi; beyond that the Alleghenies; beyond that the eastern seaboard; beyond that the Atlantic Ocean; beyond that is Europe; beyond that is Asia. I know, furthermore, that if I go far enough I will come back to where I am now. In other words, I have a picture of the earth as round. I visualize it as a globe. I am a little hazy on some of the details… I probably could not draw a very good map of Indonesia, but I have a fair idea where everything is located on the face of this globe. Looking further, I visualize the globe as a small speck circling around a bright star which is the sun, in the company of many other similar specks, the planets. Looking still further, I see our star the sun as a member of millions upon millions of others in the Galaxy. Looking still further, I visualize the Galaxy as one of millions upon millions of others in the universe.”

Kenneth E. Boulding

Source: 1950s, The Image: Knowledge in Life and Society, 1956, p. 3 Introduction

Mountain , Star , Idea , Tree

“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.”

Kenneth E. Boulding

Kenneth Boulding (1962) " Notes on a Theory of Philanthropy http://www.nber.org/chapters/c1992.pdf" in: Philanthropy and Public Policy. Frank G. Dickinson, ed., New York, National Bureau of Economic Research.
1960s

Thinking , Selfishness