Mark Blaug on the normativity of welfare economics
DOI:
https://doi.org/10.23941/ejpe.v6i3.148Keywords:
positive and normative economics, Pareto optimality, welfare economics, ethical and methodological norms, Blaug-Hennipman debateAbstract
This article examines Mark Blaug's position on the normative character of Paretian welfare economics in general, and also specifically with respect to his debate with Pieter Hennipman over this question during the 1990s. The article also clarifies some of the confusions that emerged within the context of this debate, and provides as a conclusion some additional arguments supporting Mark Blaug's position, which he himself did not provide.