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Article: Value freedom, laissez faire, Mises, and Rothbard: a comment on Professor Gunning.
- Article from:
- The American Journal of Economics and Sociology
- Article date:
- July 1, 2005
- Author:
CopyrightCOPYRIGHT 2005 Blackwell Publishers Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Introduction
ALTHOUOH THERE ARE ELEMENTS of Gunning (2005) with which I shall take issue, I want to begin by enthusiastically welcoming its publication. Gunning discusses the views of Rothbard and Mises on normative and positive economics, and their relationships. Since the latter two are giants in the field of laissez-faire studies, any focus on their vastly underappreciated work is thus presumptively an important contribution to the literature. Second, it is very important to reconcile advocacy of the system of economic freedom, or laissez-faire capitalism, with value freedom, or vertfreiheit, a necessary dimension of economics as a discipline. Is ...