Economics as a Moral Science: Menger vs. Keynes

Name: Economics as a Moral Science: Menger vs. Keynes
Brand: Vita e Pensiero
Price: 6.00 EUR
Availability: OnlineOnly

digital

Articolo

Rivista

RIVISTA DI FILOSOFIA NEO-SCOLASTICA

Fascicolo

RIVISTA DI FILOSOFIA NEO-SCOLASTICA - 2021 - 3

Titolo

Economics as a Moral Science: Menger vs. Keynes

Autore

Paolo Gomarasca

Editore

Vita e Pensiero

Formato

Articolo |

Pdf

Pagine

Online da

10-2021

Doi

10.26350/001050_000256

Issn

0035-6247 (stampa) | 1827-7926 (digitale)

€ 6,00

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Descrizione

As known, Menger endorses a typically Weberian thesis: Economics should be conceived as a value-free science. On the contrary, Keynes seems to argue that economics should be considered a moral science. This paper intends to prove a) a possible compatibility at the epistemological level and b) an agreement even at the ethical level. For these reasons, this paper is structured in two parts: 1) The first part examines the two ‘competing’ models in order to argue that a) the Mengerian model does not entail hostility against the ethical evaluation on economics and b) the Keynesian model does not mean that theoretical economics should be considered as epistemologically dependent upon a given system of moral precepts. 2) The second part intends to highlight that the epistemological agreement is linked to a similar standpoint in ethics: the common rejection of the love of money.