Kenneth Boulding Quote

Production functions involving only land, labor and capital... never work and never explain economic development.


Boulding (1990). "Taxonomy as a Source of Error." in Methodus Vol 2. p. 17-21, as cited in: Deirdre McCloskey (2013) "What Boulding Said Went Wrong with Economics, A Quarter Century On"


Production functions involving only land, labor and capital... never work and never explain economic development.

Production functions involving only land, labor and capital... never work and never explain economic development.

Production functions involving only land, labor and capital... never work and never explain economic development.

Production functions involving only land, labor and capital... never work and never explain economic development.