Kenneth Boulding Quote

It is clear that the building of models is not a purely mechanical process but requires skill of a high order – not merely mathematical skill but a sensitivity to the relative importance of different factors and a critical, almost an artistic, faculty in the selection of behaviour equations which are reasonable, tentative hypotheses in explaining the behaviour of actual economies.


p. 16-17 as cited in Andrew Mearman (2011). - The Skills of the Economist, 1958


It is clear that the building of models is not a purely mechanical process but requires skill of a high order – not merely mathematical skill but a ...

It is clear that the building of models is not a purely mechanical process but requires skill of a high order – not merely mathematical skill but a ...

It is clear that the building of models is not a purely mechanical process but requires skill of a high order – not merely mathematical skill but a ...

It is clear that the building of models is not a purely mechanical process but requires skill of a high order – not merely mathematical skill but a ...