Hodges' Model: Welcome to the QUAD: The Fact/Value Dichotomy in Economics

Hodges' model is a conceptual framework to support reflection and critical thinking. Situated, the model can help integrate all disciplines (academic and professional). Amid news items, are posts that illustrate the scope and application of the model. A bibliography and A4 template are provided in the sidebar. Welcome to the QUAD ...

Tuesday, January 11, 2022

The Fact/Value Dichotomy in Economics

Convenor: Catarina Tello de Castro and Julian Reiss

All inquiries about the panel should be sent to
catarinatellodecastro AT gmail.com and julian.reiss AT jku.at.
 
Participants in this panel will include Julian Reiss.
 
 
Much of modern economics follows the scientific method to have a grip on human conduct so that useful predictions are possible. This way, economics as a discipline distanced itself from moral philosophy as it was firstly thought by Adam Smith. Nevertheless, this presumption of objectiveness has been accused of being very little objective, separating economics into normative and positive economics as well as originating the fact-value dichotomy. These distinctions are now being disputed by the proposal of an entanglement of both facts and values (Putnam, 2002; Dasgupta, 2005; Kincaid, Dupré, & Wylie, 2007; Reiss, 2008; Putnam & Walsh, 2011; Hausman, McPherson & Satz, 2017, et al.). As so, it is possible to think about ways of doing economics with moral, ethical or any other normative criteria.
 
This panel seeks to promote an interesting debate between any scholar or student (undergraduates included). We welcome works on subjects such as value theory, normative economics, positive economics, economic transformations in contemporary times, rational choice and utility maximization, scientific method on economic theories, and others regarding the main areas and topics proposed.
 
If you want to apply, please submit an abstract, of 400-500 words along with five keywords, of your paper prepared for peer review by 5 April 2022. We will respond by 28 April 2022. All proposals must be submitted online through our website using the Abstract submission Form (please, click “Submit Abstract” and fill the form).

Prof. Dr. Julian Reiss, lic. oec. HSG
Institute for Philosophy and Scientific Method

JOHANNES KEPLER
UNIVERSITY LINZ

Altenberger Straße 69
4040 Linz, Austria
Phone +43 732 2468-3681

julian.reiss AT jku.at
www.jreiss.org

Administrator: Evelin Stockinger
T +43 732 2468-3680
philo AT jku.at

My source and in liaison with the panel convenors:

Philos-L "The Liverpool List" - Department of Philosophy, University of Liverpool
https://www.liverpool.ac.uk/philosophy/philos-l/