Economics and Philosophy 22 (1):19-54 (2006)

Philippe Mongin
Last affiliation: Centre National de la Recherche Scientifique
The paper discusses the sense in which the changes undergone by normative economics in the twentieth century can be said to be progressive. A simple criterion is proposed to decide whether a sequence of normative theories is progressive. This criterion is put to use on the historical transition from the new welfare economics to social choice theory. The paper reconstructs this classic case, and eventually concludes that the latter theory was progressive compared with the former. It also briefly comments on the recent developments in normative economics and their connection with the previous two stages. (Published Online April 18 2006) Footnotes1 This paper suspersedes an earlier one entitled “Is There Progress in Normative Economics?” (Mongin 2002). I thank the organizers of the Fourth ESHET Conference (Graz 2000) for the opportunity they gave me to lecture on this topic. Thanks are also due to J. Alexander, K. Arrow, A. Bird, R. Bradley, M. Dascal, W. Gaertner, N. Gravel, D. Hausman, B. Hill, C. Howson, N. McClennen, A. Trannoy, J. Weymark, J. Worrall, two annonymous referees of this journal, and especially the editor M. Fleurbaey, for helpful comments. The editor's suggestions contributed to determine the final orientation of the paper. The author is grateful to the LSE and the Lachmann Foundation for their support at the time when he was writing the initial version.
Keywords Progress  Normative Economics  Social Welfare Function  Social Choice Theory  Welfare Economics  Arrow's Impossibility Theorem
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DOI 10.1017/S0266267105000696
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Conjectures and Refutations.K. Popper - 1963 - Les Etudes Philosophiques 21 (3):431-434.
Commodities and Capabilities.Amartya Sen - 1985 - Oxford University Press India.
Falsification and the Methodology of Scientific Research Programmes.Imre Lakatos - 1970 - In Imre Lakatos & Alan Musgrave (eds.), Criticism and the Growth of Knowledge. Cambridge University Press. pp. 91-196.

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Citations of this work BETA

Interpersonal Comparisons of What?Jean Baccelli - forthcoming - Journal of Philosophy.
Philippe Mongin (1950-2020).Jean Baccelli & Marcus Pivato - 2021 - Theory and Decision 90 (1):1-9.

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