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TheHarry BinswangerLetter

Ethics and Economics

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Ethics and Economics

May 30, 2021
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Economics is a factual science, not a normative one. It traces consequences rather than making value-judgments. Why is it, then, that altruists generally hold the wrong theories in economics? If they were completely honest and scientific, wouldn’t they conclude that capitalism is the most productive system and does raise everyone’s standard of living? Is the […]

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