Erasmus Journal for Philosophy and Economics, Volume 6, Issue 3 (Special Issue), Winter 2013, pp. 1-25. http://ejpe.org/pdf/6-3-art-1.pdf
Mark Blaug on the normativity of welfare economics
D. WADE HANDS University of Puget Sound
Abstract: 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.
Keywords: positive and normative economics, Pareto optimality, welfare economics, ethical and methodological norms, Blaug Hennipman debate
JEL Classification: A13, B21, B31, B41, D60
Without norms, normative statements are impossible. At some point welfare economics must introduce ethical welfare functions from outside of economics. Which set of ends is relevant is decidedly not a scientific question of economics (Samuelson 1952, 1103).
In welfare economics one is engaged in ethical counseling on the economic aspects of social states (Bergson 1954, 247).
In short, there is no such thing as “value