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One of the most important skills of the economist, therefore, is that of simplification of the model. Two important methods of simplification have been developed by economists. One is the method of partial equilibrium analysis (or microeconomics), generally associated with the name of Alfred Marshall and the other is the method of aggregation (or macro-economics), associated with the name of John Maynard Keynes.

— Kenneth Boulding

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More quotes by Kenneth Boulding

Anyone who believes exponential growth can go on forever in a finite world is either a madman or an economist.

to Kenneth Boulding in: United States. Congress. House (1973)

Equilibrium is a figment of the human imagination.

Accounting for the most part, remains a legalistic and traditional practice, almost immune to self-criticism by scientific methods.

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The most fundamental form of integrative power is the power of love.

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Quote text and notes from Wikiquote: Kenneth Boulding (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.