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Do economists have any particular expertise at making normative arguments? In other words, they have expertise at making positive statements (i.e., what will happen) about some economic policy, for example, but do they have special expertise to judge whether or not the policy should be undertaken?

Short Answer

Expert verified

Economists certainly do have expertise in making normative arguments related to economics.

Step by step solution

01

Concept introduction

Economists do have expertise in making normative decisions. This is because economists have studied the theory behind the economic policies and can make more informed opinions than non-economists. While there is a disagreement between economists regarding policies, the fact is that there is only a right or wrong decision on undertaking a policy or not.

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