Just about the most difficult lesson for first-year economics students, and sometimes graduate students, is that economic theory, and for that matter any scientific theory, is positive or ...

Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Robert Kelly is managing director of XTS Energy LLC, ...

Those were the thoughts of Houston Chronicle and Express-News columnist Chris Tomlinson in his commentary “Managing inflation, migration, disasters,” (SA Inc., Nov. 17.) While the second point is ...

It should be fairly obvious that normative statements can be the conclusions of arguments, for we often try to convince people to accept conclusions of this sort. But can they also be the conclusions ...

Can there be a non-reductivist, source-based explanation of the use of normative language in statements describing the law and legal situations? This problem was formulated by Joseph Raz, who also ...