Value Judgements - Assumptions about norms and values in economic models
6 important questions on Value Judgements - Assumptions about norms and values in economic models
Why are norms and values not being used in models?
- science should not be subject to moral judgement, so it won't be abused.
What distinction should be made regarding abuse of science?
--> It is important that it is clear what value judgements are used in any theory
What is neutral science? LP
- Development of the means that can be used to get to a specific goal
VB: Politicians have a choice of ends, neutral science provides the means, politicians choose the means
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What is the problem with science and society?
- Politicians don't always know which ends are necessary/ means (computers)
What is naturalistic legitimation?
vb: medicine
Not always good: nuclear science (de-legitimate)
Is economics a field that is naturally legitimate?
- So it seems so (about the market)
But: countries that are guided to free up the market grow faster than countries that quickly do so
vb: China
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
