Beyond the positive–normative dichotomy: some remarks on Colander's Lost Art of Economics

Journal of Economic Methodology 19 (4):375-390 (2012)

Abstract
In a series of articles later collected in his book The Lost Art of Economics, David Colander argues that the dichotomous distinction of positive and normative economics has misled economists into treating applied policy economics as part of positive economics and hence adopting the methodology of positive economics for applied policy analysis. Colander therefore urges a reintroduction of the art of economics and calls for a serious discussion on the appropriate methodology for applied policy work. This paper first explores some points not thoroughly examined by Colander in his arguments regarding the art of economics, in particular on its scope and the nature of judgements in the art of economics. It then examines the potential challenges to the tripartite division of economics, the presupposition of Colander's arguments for the art of economics, by examining, respectively, Tony Lawson's and Daniel Hausman's discussion on positive economics as a separate body of knowledge
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DOI 10.1080/1350178X.2012.741690
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References found in this work BETA

Ethics.William K. Frankena - 1963 - Englewood Cliffs, N.J., Prentice-Hall.
What Do Economists Analyze and Why: Values or Facts?Partha Dasgupta - 2005 - Economics and Philosophy 21 (2):221-278.
The Economics Profession, the Financial Crisis, and Method.David Colander - 2010 - Journal of Economic Methodology 17 (4):419-427.
A Concept of Progress for Normative Economics.Philippe Mongin - 2006 - Economics and Philosophy 22 (1):19-54.

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Citations of this work BETA

Making Sense of Economists' Positive-Normative Distinction.David Colander & Huei-Chun Su - 2015 - Journal of Economic Methodology 22 (2):157-170.
Beyond Welfare Economics: Some Methodological Issues.Giuseppe Munda - 2016 - Journal of Economic Methodology 23 (2):185-202.

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