Assumption Quote by Michael Sandel
“Economics has increasingly become the science of human behavior in general, and it's all the more unlikely to think that it can possibly be value-free - and, in fact, it isn't. Economics rests on un-argued assumptions that need to be examined.”
About This Quote
Economics is shaped by human values and assumptions, so it cannot be truly value‑free.
In simple terms: Economics reflects human values and hidden assumptions.
Key Takeaway
Question and test underlying assumptions.
Themes
economics
human behavior
values
assumptions
science
Mood
critical
reflective
Type
analytical
philosophical
When to use this quote
- policy analysis
- academic research
- public debate
Key Concepts
normative economics
behavioral economics
Questions to Reflect On
- What values influence your economic views?
- How can we uncover hidden assumptions?
A Different Perspective
Assumptions may be deeply entrenched and hard to change.
