Mark Blaug on the Normativity of Welfare Economics
25 Pages Posted: 29 May 2012
Date Written: May 15, 2012
This paper examines Mark Blaug's position on the normative character of Paretian welfare economics: in general, and specifically with respect to his debate with Pieter Hennipman over this question during the 1990s. The paper also clarifies some of the confusions that emerged within the context of this debate, and closes by providing some additional arguments supporting Blaug's position that he himself did not provide.
Keywords: welfare economics, economic methodology
JEL Classification: B21, B31, B41, D60
Suggested Citation: Suggested Citation