Thus we seem to be on the verge of an expansion of welfare economics into something like a social science of ethics and politics: what was intended to be a mere porch to ethics is either the whole house or nothing at all. In so laying down its life welfare economics may be able to contribute some of its insights and analytical methods to a much broader evaluative analysis of the whole social process.
Kenneth E. Boulding[The loss-of-strength gradient is] the degree to which military and political power diminishes as we move a unit distance away from its home base.
Kenneth E. BouldingIn calling society an ecological system we are not merely using an analogy; society is an example of the general concept of an "ecosystem" that is, an ecological system of which biological systems - forests, fields, swamps - are other examples.
Kenneth E. BouldingProduction functions involving only land, labor and capital... never work and never explain economic development.
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