The moral dilemma of normative economics-Reference-Cited by-同舟云学术

The moral dilemma of normative economics

Published:2017-03-20 Issue:3 Volume: Page:103-119
ISSN:0042-8736
Container-title:Voprosy Ekonomiki
language:
Short-container-title:Vopr. èkon.

Author:

Sushentsova M.¹

Affiliation:

1. National Research University Higher School of Economics; Lomonosov Moscow State University

Abstract

During the 20th century the cyclic transition in forming of the key categories of normative economics was observed: from objective to subjective explanation of personal utility, and again - toward more general objective criteria (capabilities). The article is devoted to socio-philisophical background of these processes. In our opinion, behind this conversion the dominance of ethical subjectivism or objectivism, respectively, the values of individual freedom or of well-being was hidden, that can be estimated externally (by an “impartial spectator”, legislation or public discussion).

Publisher

NP Voprosy Ekonomiki

Subject

Economics and Econometrics,Finance

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