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Economics as a Science and Its Relation to Policy: The Example of Free Trade

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  • Warren J. Samuels

Abstract

Economic controversy has centred on questions of substantive doctrine, the conflict of schools and ideologies, and issues of scope and method. Somewhat more peripheral but no less fundamental in importance have been controversies over the social role of economists and the relation of economic theory (or science) to policy. These have involved the tension between the desire for analysis free of ideology or values, on the one hand, and the more or less reluctant belief in the inevitability of ideological or valuational elements, on the other;1 whether economic principles are independent of practical affairs or are applicable, directly or indirectly, to matters of policy; whether economic theory is an engine of inquiry or a corpus of truth; and, in general, the nature of economics as a science and its relation to policy. In all these and other respects, there have been considerable diversity, ambiguity, and conflict of views.
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  • Warren J. Samuels, 1980. "Economics as a Science and Its Relation to Policy: The Example of Free Trade," Journal of Economic Issues, Taylor & Francis Journals, vol. 14(1), pages 163-185, March.
    • Handle: RePEc:mes:jeciss:v:14:y:1980:i:1:p:163-185
    DOI: 10.1080/00213624.1980.11503728
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    Cited by:

    1. Bruno S. Frey, 2000. "Was Bewirkt die Volkswirtschaftslehre?," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 1(1), pages 5-33, February.
    2. William Milberg, 1999. "The Rhetoric of Policy Relevance in International Economics," Macroeconomics 9904009, University Library of Munich, Germany.
    3. Bruno Frey, 2006. "How Influential is Economics?," De Economist, Springer, vol. 154(2), pages 295-311, June.

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