Utilitarianism and Modern Economics

Gunnar Myrdal

Chapter 8 in Arrow and the Foundations of the Theory of Economic Policy, 1987, pp 273-278 from Palgrave Macmillan

Abstract: Abstract Already from the beginning in the eighteenth and early nineteenth centuries, economists unhesitatingly saw themselves as political economists. They firmly believed it was part of their duty to draw policy conclusions. And they held that they were entitled to do this on rational grounds—i.e., as logical inferences from their knowledge about the facts.

Keywords: Political Economist; Moral Philosophy; Moral Science; Modern Economic; Early Nineteenth Century (search for similar items in EconPapers)
Date: 1987
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DOI: 10.1007/978-1-349-07357-3_9

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