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Books > History > History of specific subjects > Economic history
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Facts, Values and Objectivity in Economics (Paperback)
Loot Price: R1,490
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Facts, Values and Objectivity in Economics (Paperback)
Series: Routledge Frontiers of Political Economy
Expected to ship within 12 - 17 working days
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Is Economics an 'objective' or 'positive' science, independent of
ethical and political positions? The financial crisis that began in
2007 gave rise to renewed doubts regarding the 'objectivity' of
economics and brought into the public arena a debate that was
previously confined to academia. A remarkable feature of the public
debate on the value neutrality of economics since then was that it
not only involved indictments of ideological biases in economic
theory, but also the attribution of the crisis itself to the
unethical orientation of economic agents, of economists acting as
experts and of 'economic science' itself. The contributors to this
volume believe that economists of all persuasions are once again
compelled to probe the normative foundations of their discipline
and give a public account of their doubts and conclusions.
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