Presentation to the Melbourne Philosophy Forum, May 24, 2009
Part II on The Philosophy of Economics (Positive Economics)
1.0 Positive economics is the study of economics as a science, independent of normative concerns. "Positive" in this sense means quantifiable, not good!
1.1 The split between positive and normative in philosophy is evident in David Hume in "Treatise Concerning Human Understanding", the "is"/"ought" fork, to G.E. Moore's notion of the "naturalistic fallacy"; a naturalistic fallacy when a moral claim is placed on a natural property.