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by svv
5425 days ago
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Economics is a value-free science, in that it analyses real-life processes and policy implications _without_ prescribing what specific goals are to be pursued by the policy makers. Politics (unlike _political science_, arguably) is all about promoting specific values and fulfilling special interests. It's not necessarily "bad", it is just not what economics is about. Economics provides the tools for analyzing what _means_ are appropriate (or not) for attaining some or other ends, but the latter lie outside of the scope of economics as a science. |
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