Economics does not inform us about which value judgments are best.

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Economics is a social science that studies how individuals and societies use scarce resources to satisfy unlimited wants and needs. While it provides insight into how different economic policies and decisions can affect society and the economy, it does not offer guidance on which values or moral principles are superior or preferable. These are often personal or cultural judgments that may vary widely among individuals and societies.

Economics Does Not Inform Us About Which Value Judgments Are