Tax experts can point up the importance of recognizing and making clear the value judgments
that must be made in choosing between an income and a consumption-only tax.
There are no right or wrong answers to these questions because they involve ethics and value judgments
rather than facts.
If we look properly it is not difficult in economics to discover a value judgment
lurking behind theories and propositions which give the outward appearance of innocent neutrality.
However, the new welfare economists argued that a public policy is justifiable, without any value judgment
, if a potential Pareto improvement is generated--that is, if it brings society to a new utility frontier, such as [U.
In a pluralistic society these choices--believed to be appropriate public decisions as long as they were perceived as scientific--are seen as more appropriately left to private choice once they are perceived as religious or cultural value judgments
The reasoning that led to the selection of June 12 will never be ineluctably settled for the reason that the element of value judgment
has been exercised, is being exercised, and will be exercised by as many who can talk or write about their personal preference.
It is sometimes alleged that the claim of optimum allocation has a purely technical meaning in economics, and that it has nothing necessarily to do with a value judgment
of good or best.
The Declaration of Independence is a value judgment
When one understands the basis behind the decision, even though it may run contrary to one's own thinking, one is less likely to make a value judgment
about the individual.
The choice between preventing thousands of potentially fatal IPD [invasive pneumococcal disease] episodes compared to millions of milder but far more prevalent otitis [inflammation of the middle ear] media episodes is inherently a subjective value judgment
," the report said.
Gallagher's character is a smoker and a nonmonogamous gay man who doesn't always practice safe sex, meaning the physician conducting the interview had to offer medical advice without imposing a value judgment
Is this the product of old-fashioned aestheticism ("Beauty can be found in anything"), or of a vulnerability that creates an open basis for value judgment
, by way of a literalism meant to install no power relationships between things?