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
    Fall 2005   Oakeshott and Mises on Understanding Human Action
    Fall 2005   Michael Oakeshott
[View All (5)]