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Routledge Normative Economics - Marx, Mises, Friedman, Popper

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Description

This Routledge publication explores the complex role of normative economics through the lens of influential thinkers. By examining the writings of Karl Marx, Ludwig von Mises, Milton Friedman, and Karl Popper, the book investigates the tension between positive and normative economic analysis. The text provides a critical assessment of attempts by Marx, Mises, and Friedman to limit scientific economics to the positive analysis of social phenomena. It argues that while distinguishing between these two fields can be helpful, such a distinction should not diminish the importance of normative economics. Instead, the work suggests that it remains possible to offer objective evaluations of social policies and phenomena within a normative framework. This book is an essential resource for those studying the history of economic thought and the philosophical foundations of social science.

Key Features

Analyzes the writings of Karl Marx, Ludwig von Mises, Milton Friedman, and Karl Popper.

Examines the distinction between positive and normative economics in social science.

Provides a critical assessment of attempts to reduce economics to positive analysis alone.

Part of the Routledge Advances in Social Economics series for academic study.

Offers a detailed look at the possibility of objective evaluations in normative economics.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
21 June 2024
Listed Since
03 January 2024

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