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  2. Normativity - Wikipedia

    en.wikipedia.org/wiki/Normativity

    Normative statements of such a type make claims about how institutions should or ought to be designed, how to value them, which things are good or bad, and which actions are right or wrong. [8] Claims are usually contrasted with positive (i.e. descriptive, explanatory, or constative) claims when describing types of theories, beliefs, or ...

  3. Fact–value distinction - Wikipedia

    en.wikipedia.org/wiki/Fact–value_distinction

    Statements of value (normative or prescriptive statements), which encompass ethics and aesthetics, and are studied via axiology. This barrier between fact and value, as construed in epistemology, implies it is impossible to derive ethical claims from factual arguments, or to defend the former using the latter.

  4. Positive and normative economics - Wikipedia

    en.wikipedia.org/wiki/Positive_and_normative...

    An example of a normative economic statement is as follows: The price of milk should be $6 a gallon to give dairy farmers a higher standard of living. This is a normative statement, because it reflects value judgments. This specific statement makes the judgment that farmers deserve a higher living standard and that family farms ought to be ...

  5. Norm (philosophy) - Wikipedia

    en.wikipedia.org/wiki/Norm_(philosophy)

    Normative sentences imply "ought-to" (or "may", "may not") types of statements and assertions, in distinction to sentences that provide "is" (or "was", "will") types of statements and assertions. Common normative sentences include commands, permissions, and prohibitions; common normative abstract concepts include sincerity, justification, and ...

  6. Descriptive ethics - Wikipedia

    en.wikipedia.org/wiki/Descriptive_ethics

    Descriptive ethics, also known as comparative ethics, is the study of people's beliefs about morality. [1] It contrasts with prescriptive or normative ethics , which is the study of ethical theories that prescribe how people ought to act, and with meta-ethics , which is the study of what ethical terms and theories actually refer to.

  7. Ethics - Wikipedia

    en.wikipedia.org/wiki/Ethics

    Descriptive ethics also has a historical dimension by exploring how moral practices and beliefs have changed over time. [191] Descriptive ethics is a multidisciplinary field that is covered by disciplines such as anthropology, sociology, psychology, and history. Its empirical outlook contrasts with the philosophical inquiry into normative ...

  8. A top Fed official leans toward December rate cut but says it ...

    www.aol.com/top-fed-official-leans-toward...

    A top Federal Reserve official said Monday that he is leaning toward supporting an interest rate cut when the Fed meets in two weeks but that evidence of persistent inflation before then could ...

  9. Is–ought problem - Wikipedia

    en.wikipedia.org/wiki/Is–ought_problem

    These two notions being granted, it can be said that statements of "ought" are measured by their prescriptive truth, just as statements of "is" are measured by their descriptive truth; and the descriptive truth of an "is" judgment is defined by its correspondence to reality (actual or in the mind), while the prescriptive truth of an "ought ...