One of the fundamental methodological problems of economics as a separate science
is the question whether economic theorists are able to restrict themselves to the description of facts
without assessing them. Is it possible to create an economic theory utterly deprived of value
judgements? In other words – is economics a positive science? This problem is still debatable,
notwithstanding efforts to eradicate all value judgements from economic analysis and to treat
it as a touchstone of the scientificity of economic reasoning.
The main purpose of the article is to analyse Sedláček arguments and to confront his stance
with other approaches. Furthermore, an attempt is made to assess whether his position could be
attractive for contemporary mainstream economists