In Economic Analysis, Moral Philosophy, and Public Policy (2006), Daniel Hausman and Michael McPherson present a serious challenge to the prevailing belief that economists policy recommendations usually are or can be grounded solely in their scientific knowledge. Identifying the hidden moral assumptions that underlie purportedly value-free economic analysis, Hausman and McPherson contend, enables a more critical examination of those recommendations and, therefore, better policy choices.
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|Other Independent Review articles by Gene Callahan|
|Winter 2009||The Myth of the Rational Voter: Why Democracies Choose Bad Policies|
|Fall 2005||Oakeshott and Mises on Understanding Human Action|
|Fall 2005||Michael Oakeshott: An Introduction|
|[View All (5)]|