We should always bear in mind that numbers represent a simplification of reality.
Kenneth E. BouldingEconomics, we learn in the history of thought, only became a science by escaping from the casuistry and moralizing of medieval thought.
Kenneth E. BouldingIn 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