A world of unseen dictatorship is conceivable, still using the forms of democratic government.
Kenneth E. BouldingAnyone who believes exponential growth can go on forever in a finite world is either a madman or an economist.
Kenneth E. BouldingThe concept of need is often looked upon rather unfavorably by economists, in contrast with the concept of demand. Both, however, have their own strengths and weaknesses. The need concept is criticized as being too mechanical, as denying the autonomy and individuality of the human person, and as implying that the human being is a machine which "needs" fuel in the shape of food, engine dope in the shape of medicine, and spare parts provided by the surgeon.
Kenneth E. BouldingThere is something, however humble, which can properly be called skill among those who recognise themselves as economists.
Kenneth E. BouldingThere are, of course, a number of epistemological questions, some of which lie more in the province of the philosopher than they do the economist or the social scientist. The one with which I am particularly concerned here is that of the role of knowledge in social systems, both as a product of the past and as a determinant of the future.
Kenneth E. Boulding