Value Judgements and Value Neutrality in Economics

Economica 73 (290):257-286 (2006)
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Abstract

The paper analyses economic evaluations by distinguishing evaluative statements from actual value judgments. From this basis, it compares four solutions to the value neutrality problem in economics. After rebutting the strong theses about neutrality (normative economics is illegitimate) and non-neutrality (the social sciences are value-impregnated), the paper settles the case between the weak neutrality thesis (common in welfare economics) and a novel, weak non-neutrality thesis that extends the realm of normative economics more widely than the other weak thesis does.

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Citations of this work

Philosophy of economics.Daniel M. Hausman - 2008 - Stanford Encyclopedia of Philosophy.
Markets.Lisa Herzog - forthcoming - Stanford Encyclopedia of Philosophy 2013.
Philosophy of Economics: A Retrospective Reflection.Daniel M. Hausman - 2018 - Revue de Philosophie Économique 18 (2):185-202.
Philosophy of Economics: A Retrospective Reflection.Daniel M. Hausman - 2018 - Revue de Philosophie Économique 18 (2):185-202.

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References found in this work

A treatise of human nature.David Hume & A. D. Lindsay - 1977 - New York: Dutton. Edited by L. A. Selby-Bigge & P. H. Nidditch.
The Language of Morals.Richard Mervyn Hare - 1952 - Oxford, England: Oxford University Press.
Ethics and the Limits of Philosophy.Bernard Williams - 1985 - Cambridge, Mass.: Routledge.
A Treatise of Human Nature.David Hume & A. D. Lindsay - 1958 - Philosophical Quarterly 8 (33):379-380.

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