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Toward a New Value Standard in Economics

In: Economics, Power and Culture

Author

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  • James Ronald Stanfield

    (Colorado State University)

Abstract

The reason for considering the ‘practical and political implications of different views on value theory’ is to further economic progress broadly speaking by furthering economic knowledge. Ultimately, better economic policy and practice awaits better economic theory, method, and philosophy. Such progress revolves around the radical notion of demystification, so I will focus on value theory in relation to that task.

Suggested Citation

  • James Ronald Stanfield, 1995. "Toward a New Value Standard in Economics," Palgrave Macmillan Books, in: Economics, Power and Culture, chapter 12, pages 190-207, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-23712-8_12
    DOI: 10.1007/978-1-349-23712-8_12
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