It's a question that is finally -- finally! -- being raised. It's a question we sometimes raise about science, and people in the rationalist camp (of which I am one) tend to step back from that particular philosophical box of snakes, because the logical next step to saying that science is not value-free is: whose values get to guide and constrain science? The values of the rationalists, or the values of the flat-Earthers?
We now have the same issue on the table: is economics value-free? And if not, then what values -- whose values -- are to guide and constrain economics? Obviously, my philosophical instincts lead me to say "the guiding and constraining principle must be: is the result of this economic decision humane? If so, then proceed. If not, then drop back and re-think." But I have no way to philosophically ground this, which basically means it's merely my opinion, of no more value than any other opinion, including the opinion of the most rabid red-meat capitalist. There's a philosophical challenge here, and I'm not sure how to begin approaching it.
Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts
Saturday, October 11, 2008
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