The Positive and the Normative in Economic Thought: A Historical-Analytic Appraisal

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Serval ID
serval:BIB_669A4F8AAB65
Type
A part of a book
Publication sub-type
Chapter: chapter ou part
Collection
Publications
Institution
Title
The Positive and the Normative in Economic Thought: A Historical-Analytic Appraisal
Title of the book
The Positive and the Normative in Economic Thought
Author(s)
Badiei Sina, Grivaux Agnès
Publisher
Routledge
ISBN
9781003247289
Publication state
Published
Issued date
27/04/2022
Pages
1-24
Language
english
Abstract
This chapter introduces some of the main issues at stake in the distinction between the positive and the normative in economics. It first analyses the positive and the normative in the history of economic thought and shows that attempts at defining the relationship between the two have taken very different forms. By relying on this historical narrative, the chapter intends to show that using a limited number of categories to capture various ways in which the positive and the normative have been theorised often leads to overlooking major differences. It is then shown that one of the main areas of disagreement regarding more normative approaches to economics is about the exact nature and tasks of normative economics, especially regarding social evaluations and prescriptions. The final part of the chapter examines and explains the ways in which different chapters of the volume make original contributions to existing debates on the positive/normative in economics or reveal the limits of current debates and the necessity of sometimes changing the terms through which these debates are structured.
Create date
02/11/2023 15:41
Last modification date
03/11/2023 8:08
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