Can we resolve the problem of the entanglement between facts and values in economics?

HiPhiS (History & Philosophy of Science) lecture by Sina Badiei, Economist, Senior Lecturer at the University of Strasbourg, Bureau d'Économie Théorique et Appliquée (BETA UMR 7522).
Free admission.

Conference summary

How can economics address the problem of the entanglement of facts and values? Economics is confronted with the coexistence of competing ethical concepts and normative systems, whose foundations and influence on human behavior have been the subject of philosophical debate for centuries. Many concepts and theories that appear to be ethically neutral are in fact imbued with values.
Hillary Putnam has shown that in economics, facts and values are inextricably linked, without however indicating how to articulate them rigorously. We propose to address this question through the work of several economists and philosophers—notably Popper, Rawls, and Sen—in order to show that, far from opening a "Pandora's box" that is difficult to control, recognizing this entanglement of facts and values can, on the contrary, be the starting point for a genuine roadmap for coherently integrating norms and values into economic analysis.