Philosophy of Economics 2012
DOI: 10.1016/b978-0-444-51676-3.50009-9
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The Positive-Normative Dichotomy and Economics

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Cited by 41 publications
(26 citation statements)
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“…Hence it can obviously generate a perceived threat to the scientific credit of macroeconomists or to the scientific legitimacy of macroeconomics. For the ideal of a value-free science is usually part of the historical narrative self-produced by most economists (see, e.g., Hands, 2012). Indeed, when questioned directly about this theme, Klamer's interviewee usually deny any political motivation in their contributions to economics (e.g., Sargent, p.80) or express the belief that a requirement for the scientific legitimacy of economics is that normative considerations about the economy ought not to influence theoretical and empirical propositions (though the other way around is acceptable) (e.g., Lucas, p.52).…”
Section: Economists and Their Academic Workmentioning
confidence: 99%
“…Hence it can obviously generate a perceived threat to the scientific credit of macroeconomists or to the scientific legitimacy of macroeconomics. For the ideal of a value-free science is usually part of the historical narrative self-produced by most economists (see, e.g., Hands, 2012). Indeed, when questioned directly about this theme, Klamer's interviewee usually deny any political motivation in their contributions to economics (e.g., Sargent, p.80) or express the belief that a requirement for the scientific legitimacy of economics is that normative considerations about the economy ought not to influence theoretical and empirical propositions (though the other way around is acceptable) (e.g., Lucas, p.52).…”
Section: Economists and Their Academic Workmentioning
confidence: 99%
“…Not only does the behavioral move in economic analysis purport to provide psychologically more plausible accounts of actual behavior, it aims to guide regulation and policy that help boundedly rational people to choose in their best interests (Camerer et al, 2003, Thaler and Sunstein, 2003, Thaler and Sunstein, 2009Sunstein, 2012). Very recently, behavioral economics has inspired the theory as well as the practice of development economics (Bertrand, Mullanaithan and Shafir, 2004;Mullanaithan, 2007;Hands 2012). There is already a vast literature shedding light on the prospects of using insights from behavioral economics in the fight against poverty (Banerjee and Duflo, 2012;Karlan and Appel, 2012;Mullanaithan and Shafir, 2013).…”
Section: Introductionmentioning
confidence: 99%
“…possibility of excluding value from economic science. In this paper, I still use the dichotomy between the normative and the positive as a framework, because it is one to which most economists still subscribe Hands (2012). 5 This view is also apparented to the "behavioural welfare economics" of Bernheim and Rangel (2007).…”
Section: Introductionmentioning
confidence: 99%