FROM POSITIVIST TO NORMATIVE ECONOMICS PHILOSOPHICAL FOUNDATIONS OF WELFARE ECONOMICS

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ARABI S.H.

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Journal Paper

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Journal: METHODOLOGY OF SOCIAL SCIENCES AND HUMANITIES Year:2009 | Volume:14 | Issue:57 Page(s): 29-51

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Information Journal Paper

Title

FROM POSITIVIST TO NORMATIVE ECONOMICS PHILOSOPHICAL FOUNDATIONS OF WELFARE ECONOMICS

Author(s)

ARABI S.H. | Issue Writer Certificate

Keywords

POSITIVE ECONOMICSQ2

NORMATIVE ECONOMICSQ3

FOUNDATIONS OF WELFARE ECONOMICSQ3

Abstract

Welfare economics is a branch of economics that attempts to provide a framework for evaluating acts, policies, states of affaires and institutions. There are some philosophical and normative foundations that the framework is based on, such as consequentialism, utilitarianism, welfarism, individualism and reductionism. However, some economists try to show welfare economics as POSITIVE ECONOMICS. By assessing and investigating welfare economics' criteria, it is shown that this claim leads to economics as a powerless and useless science to deal with real problems of economy and economic life. However, looking at methods of applied welfare economics show that some value judgments influence research process. Therefore, it is better that researchers recognize and announce these value judgments as well as the methods, assumptions, and limits.

Cites

THEORIES OF WALFARE AND HAPPINESS: A COMPARATIVE STUDY

References

POSITIVE AND NORMATIVE ECONOMIC

Cite

APA: Copy

ARABI, S.H.. (2009). FROM POSITIVIST TO NORMATIVE ECONOMICS PHILOSOPHICAL FOUNDATIONS OF WELFARE ECONOMICS. METHODOLOGY OF SOCIAL SCIENCES AND HUMANITIES, 14(57), 29-51. SID. https://sid.ir/paper/88320/en

Vancouver: Copy

ARABI S.H.. FROM POSITIVIST TO NORMATIVE ECONOMICS PHILOSOPHICAL FOUNDATIONS OF WELFARE ECONOMICS. METHODOLOGY OF SOCIAL SCIENCES AND HUMANITIES[Internet]. 2009;14(57):29-51. Available from: https://sid.ir/paper/88320/en

IEEE: Copy

S.H. ARABI, “FROM POSITIVIST TO NORMATIVE ECONOMICS PHILOSOPHICAL FOUNDATIONS OF WELFARE ECONOMICS,” METHODOLOGY OF SOCIAL SCIENCES AND HUMANITIES, vol. 14, no. 57, pp. 29–51, 2009, [Online]. Available: https://sid.ir/paper/88320/en

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