Question

How would you respond to the following arguments?
'Economists should just describe, explain and predict. Moral and evaluative judgements should be left to the politicians'.

Answer 1

Answer:

At least since the days of John Maynard Keynes, professional economists have not had to worry too much about the moral implications of their technical work. But that is quickly changing with the global march of illiberalism, and economists now must ask themselves hard ethical questions before dispensing policy advice.