Inspirational Quote of the Day: One by an English Economist

I published a quote from his wife yesterday. Even though Kenneth Boulding was a genius, he admitted that he did not understand Keynes General Theory, the basis for Keynesian economics. I never understood it either.

Wikipedia

Kenneth Ewart Boulding (January 18, 1910 – March 18, 1993) was an English-born American economist, educator, peace activist, poet, religious mystic, devoted Quaker, systems scientist, and interdisciplinary philosopher.[4][5] He published over three dozen books and over one-hundred dozen articles. Current Contents found him to be one of those rare authors of a “Citation Classic.” Indeed, even more rare, he was the author of two Citation Classics: The Image: Knowledge in Life and Society (1956) and Conflict and Defense: A General Theory (1962). He was cofounder of General Systems Theory and founder of numerous ongoing intellectual projects in economics and social science. He was married to Elise M. Boulding.

4 thoughts on “Inspirational Quote of the Day: One by an English Economist

  1. Great quote.
    There is only one person in Australia with a lot of money who wants to reduce immigration, who is prepared to spend any money supporting this view. He is in the news this week, this is copied from MSN – so you do not have to tainted by clicking on any MSM site.

    “Angry” entrepreneur Dick Smith is launching a $1 million advertising campaign calling for reduced immigration.

    The television advertisement, which will air from tomorrow, uses the voice of John Stanton – the voice behind the infamous 1987 Grim Reaper ad about AIDS.

    “Endless growth will destroy Australia as we know it today,” Mr Smith said of his motive for the campaign.

    The Fair Go campaign calls for an immigration plan that halves the number of people coming to Australia, as well as an increase taxes on the wealthy, and hits out at Australia’s major political parties.

    “It is simply endless growth and endless greed – meaning the finite wealth has to be divided between more people, and that means less for most,” Mr Smith said.

    He said the wealthiest 1% of Australians “own more than the bottom 70%”.

    “Eight out of ten Australians I talk to want a proper population plan, but no major political party reflects this. They are so obsessed with pleasing the 1% who have all the money that the greed overruns all,” Mr Smith said.

    Mr Smith will also hand out toy pitchforks to warn of the violent “revolution” if no action is taken.

    His media team said Mr Smith was “angry” he had to spend $1 million to get his point across, adding it should be going to charities like St Vincent de Paul and the Salvos.

    The campaign will be launched at Sydney’s Hilton Hotel today.”

    • To repeat his key words:

      He said the wealthiest 1% of Australians “own more than the bottom 70%”.

      “Eight out of ten Australians I talk to want a proper population plan, but no major political party reflects this. They are so obsessed with pleasing the 1% who have all the money that the greed overruns all,” Mr Smith said.”

  2. Is Mr. Smith a cousin of Trump? Good for him.

    “Mr Smith will also hand out toy pitchforks to warn of the violent ‘revolution’ if no action is taken.”

    C’mon Smith, toys are useless; hand out the real thing.

    Sorry to have to quote a black commie-agitator, but it’s a good one.

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