1
Question
____________ expressed economics is neutral between ends.
____________ expressed economics is neutral between ends.
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Solution
The correct option is D Robbins
This question is
based on the Lionel Robbins concept of
economics.
This concept was coined into existence by the British economist Lionel Robbins. Hence, economics
is neutral among ends. Also, as long as
an outcome is reached, it doesn't matter, how it was reached. Robbins expressed
the view that 'Economics should be neutral
between ends'. He believes that Economics is concerned
merely with the utilization of scarce means for the satisfaction of multiple ends.
This question is based on the Lionel Robbins concept of economics.
This concept was coined into existence by the British economist Lionel Robbins. Hence, economics is neutral among ends. Also, as long as an outcome is reached, it doesn't matter, how it was reached. Robbins expressed the view that 'Economics should be neutral between ends'. He believes that Economics is concerned merely with the utilization of scarce means for the satisfaction of multiple ends.
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