Abstract
Already from the beginning in the eighteenth and early nineteenth centuries, economists unhesitatingly saw themselves as political economists. They firmly believed it was part of their duty to draw policy conclusions. And they held that they were entitled to do this on rational grounds—i.e., as logical inferences from their knowledge about the facts.
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© 1987 George R. Feiwel
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Myrdal, G. (1987). Utilitarianism and Modern Economics. In: Feiwel, G.R. (eds) Arrow and the Foundations of the Theory of Economic Policy. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-07357-3_9
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DOI: https://doi.org/10.1007/978-1-349-07357-3_9
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-07359-7
Online ISBN: 978-1-349-07357-3
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