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. BouldingEconomists and technologists bring the "bits", but it requires the social scientists and humanists to bring the "wits.
Kenneth E. BouldingThe greater the penalties laid on sellers in the black market... the higher the black market price.
Kenneth E. BouldingAlmost every organization... exhibits two faces a smiling face which it turns toward its members and a frowning face which it turns to the world outside.
Kenneth E. BouldingGeneral Systems Theory is a name which has come into use to describe a level of theoretical model-building which lies somewhere between the highly generalized constructions of pure mathematics and the specific theories of the specialized disciplines. Mathematics attempts to organize highly general relationships into a coherent system, a system however which does not have any necessary connections with the "real" world around us. It studies all thinkable relationships abstracted from any concrete situation or body of empirical knowledge.
Kenneth E. Boulding