Kenneth Boulding

Kenneth Boulding was a prominent economist and multidisciplinarian known for his contributions to systems theory, peace studies, and sustainability. He proposed that the economy operates like a living system, emphasizing the interconnectedness of various elements. Boulding is famous for his "Cowboy Economy" versus "Spaceship Economy" concept, where the former assumes unlimited resources and the latter recognizes ecological limits. He also advocated for nonviolent solutions to conflict and the importance of ethical considerations in economics. His work encourages a holistic view of economics that integrates social, environmental, and ethical dimensions.