106k views
2 votes
Do economists have any particular expertise at making normative arguments? In other words, they have expertise at making positive statements (i.e. what will happen) about some economic policy, for example, but do they have special expertise to judge whether or not the policy should be undertaken?

1 Answer

5 votes
Yes, economists have expertise at making normative statements. The study of economics is only possible through reducing complex situations into simple models by using normative statements.
User Vishal Santharam
by
4.7k points