Controversy: Is Economics a Moral Science? A Response to Ricardo F. Crespo

Journal of Markets & Morality, October 1998, vol. 1, no. 2, pp.212-219

8 Pages Posted: 7 Dec 2015

See all articles by Peter J. Boettke

Peter J. Boettke

George Mason University - Department of Economics

Date Written: October 6, 1998

Abstract

My contention is that political economy as a value-relevant discipline has a legitimate claim on our intellectual attention only to the degree that it is grounded in the value-neutral logic of economic analysis — an analysis that while it cannot determine ultimate values may nevertheless inform us of the consequences of alternative social and political arrangements established to serve those value.

Keywords: Political Economy, Value Freedom

JEL Classification: B41, B53

Suggested Citation

Boettke, Peter J., Controversy: Is Economics a Moral Science? A Response to Ricardo F. Crespo (October 6, 1998). Journal of Markets & Morality, October 1998, vol. 1, no. 2, pp.212-219. Available at SSRN: https://ssrn.com/abstract=2699852

Peter J. Boettke (Contact Author)

George Mason University - Department of Economics ( email )

4400 University Drive
Fairfax, VA 22030
United States
703-993-1149 (Phone)
703-993-1133 (Fax)

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