Fact-value entanglement in positive economics

Julian Reiss

Journal of Economic Methodology, 2017, vol. 24, issue 2, 134-149

Abstract: This paper presents arguments that challenge what I call the fact/value separability thesis: the idea, roughly, that factual judgements can be made independently of judgements of value. I will look at arguments to the effect that facts and values are entangled in the following areas of the scientific process in economics: theory development, economic concept formation, economic modelling, hypothesis testing, and hypothesis acceptance.

Date: 2017
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Citations: View citations in EconPapers (4)

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DOI: 10.1080/1350178X.2017.1309749

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