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.
Kenneth E. BouldingEconomics has been incurably growth-oriented and addicted to everybody growing richer, even at the cost of exhaustion of resources and pollution of the environment.
Kenneth E. BouldingThe trouble with taxonomic boxes is... that that they tend to be empty, however beautiful they are on the outside.
Kenneth E. BouldingThere is something, however humble, which can properly be called skill among those who recognise themselves as economists.
Kenneth E. BouldingDeciding under uncertainty is bad enough, but deciding under an illusion of certainty is catastrophic.
Kenneth E. Boulding