The "error" theory is a special case in the old debate between "cognitive" and 'non-cognitive" meta-ethical views.
Cognitivism holds that there are moral properties or moral facts, and that the aim of normative ethical discourse is to describe them, and preferably to be right about them, in something like the same way that there are bodies and events we call "astronomical," (stars, planets, collisions, the collapse of a star into a black hole) and the aim of discussing "astronomy" is to describe them, and preferably to be right about them.
For example, the wrongness of murder may be a fact in the world. If it is then the goal of the sentence "murder is wrong" is to name that fact.
Non-cognitivists claim that there aren't any moral properties or facts, so they can't be described, rightly or wrongly. But it also generally adds that this doesn't mean normative ethical statements are wrong. It just means that such statements are doing something different from what statements in astronomy are doing. What it is that a normative ethical statement is doing, and why -- that varies of course with the particular non-cognitivist one is reading.
Moral cognitivism includes moral realism, but it isn't precisely the same thing. A contemporary philosopher like Russ Shafer-Landau is a cognitivist because he is a realist. One could also believe, though, that moral judgments are entirely subjective and regard THAT statement as an example of something one knows, of cognition. I would view the statement "Murder is bad" as a matter of cognition even if I also believed that it was equivalent to "personally, I see murder as bad" and if I claimed to have learned of THAT fact through introspection. Keith Augustine is a cognitivist despite not being a realist, despite being in fact a subjectivist.
So far so good. Moral non-cognitivism, on the other hand, includes such views as expressionism. According to an expressivist, "murder is bad" means only "Boooo to murderers, boooo." This isn't something I know (even by introspection). It is something I do.
All theories about what moral statements mean seem to fall neatly into one or the other of these camps. They either hold that such statements refer to something knowable or they don't hold that.
Except for the error theory, which seems to avoid making this choice. I'll flesh this out a bit tomorrow.
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