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Normes et jugements de valeur en économie normative
Abstract: This essay discusses the status of normative economics by
identifying several conceptions that economists have entertained in this
respect. It connects these conceptions with two main philosophical strands,
i.e., positivism in its many variants and Weber's philosophy of values. The
paper argues that economists cannot avoid making value judgments of their
own about social welfare, distributive justice, and collective rationality.
This conclusion runs counter to the Weberian claim of value-neutrality that
today's normative economists often implicitly endorse.
Keywords: normative economics; value judgment; (follow links to similar papers)
JEL-Codes: P10; (follow links to similar papers)
32 pages, November 1, 2006
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