If economic theories are solidly based on relevant facts, then there can be no question as to the character of appropriate economic policy.

Question

Quizplus · Accepted Answer

Even if economic theories are based on relevant facts, different economic policies can be appropriate in different contexts and depend on value judgments about priorities and outcomes. Therefore, there can be legitimate debates about the character of appropriate economic policy.

If Economic Theories Are Solidly Based on Relevant Facts, Then