Kenneth Boulding: A founder of evolutionary economics.

Many readers of this journal will still remember Kenneth Boulding's Richard T. Ely lecture in December 1965, when he set out against the conventional wisdom, criticized the ivory tower of orthodox economics, and called for a paradigmatic change in economic thinking. A Grand Old Man, but also enfant terrible of modern economics, has died recently at the age of 83.

Intellectual Youth and Early Milestones

While still a student, Boulding wrote a paper on displacement costs, which was published in the Economic Journal - at the time edited by John Maynard Keynes. For two…