Political Theory

Re: Separation of Economics and Politics

Bank Run — Fri, 21 May 2010 16:21:55 GMT

I'm afraid you will just have to get rid of politics to do that.

Politics is economics, because everything politicians do; have an adverse effect on the economy.

Good day.

Re: Separation of Economics and Politics

cognitivist — Fri, 21 May 2010 13:37:15 GMT

I can only hope economists share your same openness to embracing empiricism, objectivity and the actual truth.

Re: Separation of Economics and Politics

cognitivist — Fri, 21 May 2010 13:34:45 GMT

Really now? To clarify, I'm talking about macroeconomics, mostly. But can you honestly say Ricardian economics is value-free? Is Keynesianism value-free? I have read so many Austrian criticisms about the collectivist philosophy of these schools. Many economic theories, Austrianism included, are seemingly based around a philosophical leaning, not just a theoretical/mathematical premise.

Re: Separation of Economics and Politics

Solid_Choke — Fri, 21 May 2010 06:23:07 GMT

As far as I know economics is a value-free science.

There is no such thing as value free science. Where would science be without valuing truth, curiosity, or openness to criticism? Science is a human activity that answers to human needs.

Re: Separation of Economics and Politics

Bert — Fri, 21 May 2010 06:04:32 GMT

As far as I know economics is a value-free science.

Separation of Economics and Politics

cognitivist — Fri, 21 May 2010 05:38:49 GMT

In an ideal scenario, should economics be a science that aspires to rid itself of the biases exerted upon it by the passions and desires of multiple individuals and groups?