Kenneth E. Boulding Quotes About Loss
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Justification, in terms of the broadening of freedom, for any particular form of institution of property must be argued in terms of whether the losses caused by the restrictions imposed are greater or less than the gains derived from the elimination of costly conflict.
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[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.
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All knowledge is gained through an orderly loss of information.
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The perception of potential threats to survival may be much more important in determining behavior than the perceptions of potential profits, so that profit maximization is not really the driving force. It is fear of loss rather than hope of gain that limits our behavior.
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Related Authors
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Peter Boettke Economist -
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Thomas Malthus Scholar -
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