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Old 06-18-2008, 09:06 PM   #75
Hot, crispy nice hobbit
Wight
 
Join Date: Feb 2004
Location: Troll's larder
Posts: 195
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White Tree Values and Virtues in language

Somehow, much hostility seemed to have sprung from the notion that economics is ammoral and political. To me (or, for that matter, to anyone who has to earn a living), the term has nothing after it other than the necessities of life. Taking this defintion, the term economics would have about just as much meaning to a savage as to a businessman.

But values, however, force people to choose: often between efficiency and equity. Again, that is simple economics... only this time there's a moral (some call political) ring to it. So why not keep things simple?
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