Accounting for the most part, remains a legalistic and traditional practice, almost immune to self-criticism by scientific methods.
Kenneth E. BouldingThe use of isoquants to describe the production function did not develop to any great extent until the thirties.
Kenneth E. BouldingWe should always bear in mind that numbers represent a simplification of reality.
Kenneth E. BouldingThe 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.
Kenneth E. BouldingJustification, 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.
Kenneth E. BouldingAre we to regard the world of nature simply as a storehouse to be robbed for the immediate benefit of man? ... Does man have any responsibility for the preservation of a decent balance in nature, for the preservation of rare species, or even for the indefinite continuance of his race?
Kenneth E. Boulding