Value Judgements and Value Neutrality in Economics

Economica 73 (290):257-286 (2006)
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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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Philippe Mongin
Last affiliation: Centre National de la Recherche Scientifique

Citations of this work

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

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References found in this work

A treatise of human nature.David Hume & A. D. Lindsay - 1969 - Harmondsworth,: Penguin Books. Edited by Ernest Campbell Mossner.
The Language of Morals.Richard Mervyn Hare - 1952 - Oxford, England: Oxford University Press.
A Treatise of Human Nature.David Hume & A. D. Lindsay - 1958 - Philosophical Quarterly 8 (33):379-380.
Ethics and the Limits of Philosophy.Bernard Williams - 1985 - Cambridge, Mass.: Routledge.

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