There is no such thing as economics, only social science applied to economic problems.
Kenneth E. BouldingNothing fails like success because we don't learn from it. We learn only from failure.
Kenneth E. BouldingOne reason why the progressive state is 'cheerful' is that social conflict is diminished by it.
Kenneth E. BouldingIt is absurd to suppose we can think of nature as a system apart from knowledge, for it is knowledge that is increasingly determining the course of nature.
Kenneth E. BouldingIt [knowledge] is clearly related to information, which we can now measure; and an economist especially is tempted to regard knowledge as a kind of capital structure, corresponding to information as an income flow. Knowledge, that is to say, is some kind of improbable structure or stock made up essentially of patterns - that is, improbable arrangements, and the more improbable the arrangements, we might suppose, the more knowledge there is.
Kenneth E. Boulding