normative economics love

normative economics

Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. 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." Contrast with positive economics.

Etymologies

Sorry, no etymologies found.

Examples

    Sorry, no example sentences found.

Comments

Log in or sign up to get involved in the conversation. It's quick and easy.