Evaluative judgments between positive and normative: For an axiological economy

Jerome Ballet

Cahiers du GREThA (2007-2019) from Groupe de Recherche en Economie Théorique et Appliquée (GREThA)

Abstract: This article argues that the distinction between positive and normative, which is the basis of much of economics, is not relevant. By inserting the distinction between norms and values, the article makes it possible to insert a new perspective between the two parts of the dichotomy: that of value judgments that are not necessarily normative. The article then supports the idea of an axiological economy that enriches evaluative judgments and provides a broader informational base for policy decisions.

Keywords: value; norm; ethics; information base (search for similar items in EconPapers)
JEL-codes: B41 (search for similar items in EconPapers)
Date: 2019
New Economics Papers: this item is included in nep-hme
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Persistent link: https://EconPapers.repec.org/RePEc:grt:wpegrt:2019-01

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