[The notion of equilibrium] is a notion which can be employed usefully in varying degrees of looseness. It is an absolutely indispensable part of the toolbag of the economist and one which he can often contribute usefully to other sciences which are occasionally apt to get lost in the trackless exfoliations of purely dynamic systems.
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p.14Kenneth Boulding
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To contribute usefully to the advance of science, one must sometimes not disdain from undertaking simple verifications.
Leon Foucault
We need to abandon the economist's notion of the economy as a machine, with its attendant concept of equilibrium. A more helpful way of thinking about the economy is to imagine it as a living organism.
Paul Ormerod
Seldom can philosophic genius be more usefully employed than in thus rescuing admitted truths from the neglect caused by the very circumstance of their universal admission.
Samuel Taylor Coleridge
The notion that every well educated person would have a mastery of at least the basic elements of the humanities, sciences, and social sciences is a far cry from the specialized education that most students today receive, particularly in the research universities.
Joseph E. Stiglitz
The ability to work with systems of general equilibrium is perhaps one of the most important skills of the economist — a skill which he shares with many other scientists, but in which he has perhaps a certain comparative advantage.
Kenneth Boulding
Boulding, Kenneth
Boulez, Pierre
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