An Essay on the Nature and Significance of the Normative Nature of Economics

Warren Samuels

Chapter 5 in Essays on the Methodology and Discourse of Economics, 1992, pp 85-91 from Palgrave Macmillan

Abstract: Abstract It is conventional in economics to distinguish between the normative and the positive. The normative has to do with goodness and badness, and with what ought and ought not to be done;1 and the positive has to do with objective description and/or explanation, with what is and with what is necessary given some normative end. The normative has to do with desirability; the positive has to do with truth (in the sense of either descriptive accuracy or serviceability of a means to a given end).2

Date: 1992
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Journal Article: An Essay on the Nature and Significance of the Normative Nature of Economics (1988)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-12371-1_6

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349123711

DOI: 10.1007/978-1-349-12371-1_6

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().