Titlebook: Economics as Moral Science; Bernard Hodgson Book 2001 Springer-Verlag Berlin Heidelberg 2001 Economics.Ethics.Ethik.Philosophy of Science.

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The Intransigence of Evaluative Concepts,ent efforts by some neo-classical economists to dissociate the theory of consumer choice (CCT) from ethical presuppositions by either (i) . such . evaluative concepts as “indifference”, “preference”, “rationality”, “maximizing utility”, etc. as in reality non-valuational, or (ii) by taking the furth

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,The Ethical Content of “Formal” Structures, only underwrite . or prudential imperatives which take final (economic) ends as given, and merely prescribe efficient means for attaining these goals. Following the positivist lead, this situation has frequently been characterized as the compliance of economic theory-construction with the alleged “

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Teleology and Utilitarian Economics,ts (effects). Or, more precisely, economic events are explained by deducing such items of behaviour from “ordinary” causal laws representing uniformities in such mechanistic sequences. In particular, thus, a mechanistic model of explanation would avoid any mention of the family of intentional entiti

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Economic Uncertainty and Logical Structure,economics, our investigations in this chapter will concentrate on this model. (From this point in our discussion, when reference is made to uncertainty, the specific conditions of risk shall be understood.) More particularly, we shall begin by arguing for a . — viz., that our conception of the basic

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2211-2707 cal analysis of the critical issues at stake .from the inside., from the credible perspective of a particular, but foundational economic theory - the neoclassical theory of rational choice.978-3-642-07427-1978-3-662-04476-6Series ISSN 2211-2707 Series E-ISSN 2211-2723

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Werner Nachtigall,Alfred Wisserating the disparate character of “values” in contrast to “facts”, the latter interpretation has become the orthodoxy among economic methodologists. Hence the prevailing wisdom concludes that economic theory incorporates no categorical moral imperatives stating what an agent ought, on moral grounds,