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normative economics

noun

Definitions

  1. economic thought in which one applies moral beliefs, or judgment, claiming that an…

    economic thought in which one applies moral beliefs, or judgment, claiming that an outcome is "good" or "bad". For example: "this tax on cigarettes will be good because it will reduce smoking."

The neighborhood

Vish — recursive loop

No curated loop yet for normative economics. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA