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This book summarizes the life and work of economist Kenneth E. Boulding. Boulding was a prolific writer, teacher and Quaker. Starting his career as an orthodox Keynesian economist, he eventually adopted a transdisciplinary approach to economic topics including peace, conflict and defense, environmental problems, human betterment and evolution.
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1
An Introduction to Boulding
Kenneth Ewart Boulding (1910â1993) had a charismatic personality. He published hundreds of articles and dozens of books on topics including economics, religion, peace, ecology, evolution, grants, and ethics. He also published three volumes of poetry and was a gifted painter. He grew up an only child in a working-class family in Liverpool, England. His parents were loving and devout Methodists. Boulding committed himself early in life to Christianity. Growing up during World War I had a significant impact on his beliefs. He became a pacifist at an early age. In high school, he discovered the Society of Friends (Quakers) and joined while in his first year of college at Oxford Universityâwhich influenced him both personally and professionally for the rest of his life (Boulding, 1992b, p. 73). Bouldingâs humble beginnings did not limit his intellectual capabilities. He did develop in early childhood a severe stutter that remained with him the rest of his life. Regardless, he received scholarships to the best schools in Liverpool, which led to his winning a scholarship to Oxford to study chemistry. During his first year at Oxford he switched to economics.
Boulding was trained in a traditional way by reading Marshallâs Principles of Economics, Pigouâs The Economics of Welfare, Casselâs The ÂTheory of Social Economy, and Hawtreyâs The Economic Problem (Boulding, 1989b, p. 369). In his last year as an undergraduate (1931), he wrote a paper titled âThe Place of the âDisplacement Costâ Concept in Economic Theoryâ (1932), which was published in The Economic Journal under the editorship of John Maynard Keynes. In fact, Keynes âaccepted it after writing some extensive comments suggesting revisions. It was a most extraordinary piece of courtesy towards an unknown Oxford undergraduateâ (Boulding, 1989b, p. 370). In 1931, Boulding read Keynesâs Treatise on Money and was thereafter a Keynesian economist. Besides Keynes, though, Adam Smith was Bouldingâs intellectual hero. After graduating from Oxford with first class honors, Boulding spent another year on scholarship doing graduate work. Then he won a commonwealth fellowship to the University of Chicago; while there he worked with Jacob Viner, Henry Schultz, and Frank Knight. Knight, in particular, had a profound impact on Bouldingâs thinking. Knight also had an effect on Boulding professionally, when several years later he published a paper titled âThe Theory of Investment Once More: Mr. Boulding and the Austriansâ that commented on some of Bouldingâs earlier work at Chicago. Boulding remarked that this paper put him in such good company he did not need to get a PhDâand he never did. After his first year in Chicago, Bouldingâs father died. He went back to Liverpool to get his fatherâs affairs in order and to make sure his mother was well taken care of. When Boulding returned to America, he studied with Joseph Schumpeter at Harvard University. But after the first semester, Boulding fell ill with pneumonia and was hospitalized. After recovering, he returned to Chicago to finish his fellowship. Boulding stated several times that he learned much from Schumpeter and that Schumpeter had a great impact on him (Mott, 1992, p. 358). After his second fellowship year ended, Boulding returned to England, as was required by the fellowship. Teaching jobs were scarce in England at the time, and the only job he could get was at the University of Edinburgh in Scotland. He was not paid well and the environment was stifling compared to the progressive environment at Chicago. His time there was not a complete waste, however, because he learned about accounting, which changed his thinking dramatically in terms of consumption, production, and stocks and flows. This knowledge would permeate much of his later writing.
While in Philadelphia at the World Conference of Quakers in 1937, Boulding learned of a job at Colgate University in Hamilton, New York; he accepted it and stayed in America for the rest of his life. During his first two years at Colgate, Boulding wrote his bestselling textbook Economic Analysis (1941a), which would go through four editions and gain him considerable notoriety. In the same year (almost to the day) that his textbook was published, he met Elise Bjorn-Hansen at a Quaker meeting in Syracuse, New York. She was 21 (Boulding was 31). They married within three months of meeting each other. Boulding left Colgate to work for the League of Nations, but, after he and Elise published a Quaker pamphlet advocating pacifism, he was forced to leave. They ended up at Fisk University in Nashville, Tennessee, for one year, where he wrote The Economics of Peace (not published until 1946). After that year, he received an offer at Iowa State College in Ames. He was hired to become a labor economist, which he knew nothing about, but he enjoyed learning about labor markets. It was during his time at Iowa studying labor markets that he realized economics alone could not answer many questions about social problems. It takes a mixture of all the social sciences (and other sciences) to tackle complex social issues.
Economic problems have no sharp edges; they shade off imperceptibly into politics, sociology, and ethics. Indeed, it is hardly an exaggeration to say that the ultimate answer to every economic problem lies in some other field. Economics is the skeleton of social science; the backbone and framework without which it degenerates into an amorphous jellyfish of casual observation and speculation. But skeletons need flesh and blood; and the flesh and blood of economic problems can only be found in the broader fields (Boulding, 1946, p. 237).
Boulding believed this realization ruined him as a traditional economist because he could no longer focus solely on economics. In his last year at Iowa, Boulding wrote A Reconstruction of Economics (1950), which was the first presentation (to my knowledge) of the economy as an ecological system. Also during these years, Boulding became a US citizen. Soon after this, he accepted a position at the University of Michigan to further his efforts of integrating the social sciences.
After arriving at the University of Michigan in the fall of 1949, Boulding learned he had won the John Bates Clark Medal, awarded by the American Economic Association to an American economist under the age of forty who has made a significant contribution to economics. This was a major accomplishment and vaulted Bouldingâs already high status in the profession. Interestingly, however, Boulding was already moving in a nonmainstream direction. In particular, more of his religious Âthinking became imbued in his economic thinkingâabout which he wrote, âI have lived most of my life on the uneasy margin between Âscience and religionâ (Boulding, 1974a, p. 4).
Bouldingâs ideas about integrating the social sciences took over his mind, and he spent less time on pure economics and more time on understanding systems. It was Bouldingâs introduction to biologist Ludwig von Bertalanffy that led to their cofounding general systems theory along with mathematician Anatol Rapoport and biologist Ralph Gerard while they were all working at Stanfordâs Center for Advanced Study in the Behavioral Sciences in 1954â1955. While at Stanford, they agreed to establish the Society for General Systems Research (now called the International Society for the Systems Sciences), and Boulding served as the societyâs first president (1957â1958). Also during this year, Boulding and Rapoport started the Journal of Conflict Resolution (still an influential journal), which further led to establishing the Center for Research on Conflict Resolution at the University of Michigan. This pioneering effort had a tremendous influence on the field of peace research. Thomas Schelling (winner of the Nobel Memorial Prize in Economic Sciences in 2005) made significant contributions to this field, especially with his book The Strategy of Conflict (1960), which played an important role in his winning of the Nobel Prize. In the preface of the first edition of this book, Schelling wrote: âThree people have been most influential, probably more than they realize, in my continuing this work. They are Kenneth E. Boulding, Bernard F. Haley, and Charles J. Hitchâ (p. vi).
It was the work of Boulding and Elise (then a doctoral student in sociology at the University of Michigan) that largely developed the field of peace studies. Much of this work was the product of the Center for Research on Conflict Resolution. Both Kenneth and Elise Boulding were nominated at different times for the Nobel Peace Prize (Boulding was also nominated for a Nobel Memorial Prize in Economic Sciences).
After his year at Stanford, Boulding wrote The Image (1956) by dictating the book over the course of nine days (a chapter a day), which was âa sort of intellectual orgasmâ (Mott, 1992, p. 362). This book argued that behavior is the result of image (or knowledge) that one has from oneâs history, environment, influences, etc. It is a concept Boulding used in most all of his later works.
Boulding spent two more years away from Michigan at different times during his 18-year tenure. His second year away was during the 1959â1960 academic year and was spent in Jamaica. During this time, he wrote his influential book Conflict and Defense (1962), which helped him understand the nature (good and bad) of conflict and how it gets managed. In some ways, this work is tied to his ecological economic thinking, as he presented in his essay âEconomics of the Coming Spaceship Earthâ (1966). This was one of few papers he wrote on environmental issues, but it has garnered much attention since he first presented it and it remains an important component to the development of modern ecological economics (as presented by Herman Daly and others). So influential was this paper that the International Society for Ecological Economics (which publishes Ecological Economics) confers biennially the Kenneth E. Boulding Memorial Award to the scholar whose work most exhibits the spirit of Bouldingâs transdisciplinary approach.
Bouldingâs third year away from Michigan was spent in Japan (1963â1964). This was Bouldingâs first trip to Japan, and he instantly adored the people and the country (he returned several times throughout his life). From this experience, he wrote his book A Primer on Social Dynamics (1970a), which led to Ecodynamics (1978a) and Evolutionary Economics (1981a). After his return from Japan, he taught a summer seminar at the University of Colorado at Boulder and returned the next summer to teach more seminars. He felt at home in Boulder, and, after going back the next summer, he accepted a full-time job with the university.
In 1967, Boulding moved for the last time to Boulder, Colorado. This was a difficult time for Elise because she had started writing her dissertation for her doctorate in sociology at the University of Michigan (which she finished in 1969 when she was 49 years old)âand this was soon after she made an unsuccessful run for Congress as a Peace Party write-in candidate. Boulding had secured a teaching position for Elise at the University of Colorado, but this compounded the difficulties because she still had three children at home (the oldest two were in college), and she now had to start teaching. It was a difficult time, but it proved successful.
The year after arriving in Boulder, Boulding was elected president of the American Economic Association.
He was billed by Business Week in 1969 as a âheretic among economistsâ who was chosen for the high post of president of the American Economic Association âmore in recognition of his achievements as the fairly orthodox Keynesian he was rather than as the social philosopher he has become.â When I asked him if he thought of himself as an economist, he answered, âOh, yes, Iâm an economistâI Âmust beâIâm President of the American Economic Association!â (Kerman, 1974, p. 22).
Boulding regularly remarked that he always considered himself an economist. Regardless of the reason for his appointment, this was a prestigious honor and further solidified Bouldingâs reputation. Bouldingâs presidential address to the American Economic Association on December 29, 1968, was published as âEconomics as a Moral Scienceâ (1969). In essence, the article argues that â[t]he concept of a value-free science is absurdâ (Boulding 1969, p. 4). Boulding was a moral philosopher in the tradition of Adam Smith and Thomas Malthus. He believed this was the foundation of economics and should remain so.
Another important development for Boulding was his study of the grants economy. He used his three-part model of social systems (threat, exchange, and integrative) to further explain what he was modeling in Conflict and Defense (1962), which is essentially that there are Âconflicts that produce valuable outcomes and conflicts that produce negative outcomes. He argued economics dealt with the exchange system, and political science (and other disciplines) attempted to understand threats, but the integrative system is unique. The integrative system (which Boulding at one point referred to as love) is driven by grants: one-way transfers in which one person gives up something to someone else for nothing measurable in return. Boulding speculated that an increasing share of the economy comprised grants and that neither economics nor any other discipline had yet attempted to understand the significance of this element of our social system. As a result, Boulding recruited Martin Pfaff and they started the Association for the Study of the Grants Economy.
The University of Colorado had a mandatory retirement age of seventy. Boulding tried to fight this policy because he wanted to keep teaching at Colorado, but he was not successful and had to retire in 1980. This ended up working out well for him. In 1978, Elise had taken a teaching position at Dartmouth College (and Boulding joined her for a year), and she stayed there until returning to Boulder in 1985. Bouldingâs emeritus freedom let him travel and teach at other universities. His postretirement years were productive. Richard Beilock published a wonderful book Beasts, Ballads, and Bouldingisms (1980) that contains drawings, ballads, and quotes (or Bouldingisms) from Bouldingâs work up to that timeâthough Boulding was a much better artist than is displayed in Beilockâs book. Comparing the drawings in Beilockâs book to Bouldingâs drawings and paintings included in his archives at the University of Colorado, one would think they were made by two different people. Bouldingâs paintings are colorful and vividâpeaceful and optimistic. It is a shame Boulding did not publish more of his paintings and Âdrawingsâmany would have gone well together with his sonnets.
From 1974 until 1982, Boulding published 63 articles in MITâs Technology Review, many of which are interesting; but the most interesting may be âDefending Whom from What?â (1981b). Many people less familiar with Bouldingâs work may be surprised to learn that for most of his years in America he was a registered Republican; but in this article in 1981, Boulding published his letter to President Ronald Reagan, which boils down to his following statement: âI have been a member of the Republican Party in my mature years, believing that it stood for true conservatism and a movement toward peace. I now see it as a party of dangerous and untried radicalism, destructive of evolutionary progress and leading us to eventual disaster. I have therefore resigned my membership in itâ (Boulding, 1981b, p. 6). Boulding never seemed afraid of change, even in his seventies. When Boulding was diagnosed with cancer in the fall of 1992, he knew it would be his last illness. In the months leading up to his death, he wrote 143 sonnets, which were published posthumously as Sonnets from Later Life 1981â1993 (Boulding, 1994).
Two important works were published posthumously. First was The Structure of a Modern Economy (1993), which Boulding wrote to give a topographical view of macroeconomic patterns over time (seeing the forest rather than the trees). He believed that, from the perspective of enough macroeconomic data and over a long enough time sp...
Table of contents
- Cover
- Title
- Copyright
- Contents
- Preface
- Acknowledgments
- 1 An Introduction to Boulding
- 2 The Day the Liberals Won
- 3 Mr. Boulding and the Americans
- 4 Cosmogenesis
- 5 Where the Buffalo Roam
- 6 A Voice Crying in the Wilderness
- 7 Bouldingâs Place in Economic History
- Postscript
- Bibliography
- Index