Positive economics is a fact-based analysis of what is occurring in an economy, without making prescriptions of what should or should not be happening.
Hsieh, Nien-he. "The Normative Study of Business Organizations: A Rawlsian Approach." In Normative Theory and Business Ethics, edited by Jeffery Smith, 93–117. Lanham, 2008.
‘I feel really great. We’re going to have a great discussion and, I think, tremendous success. It will be tremendously successful. And it’s my honour. And we will have a terrific relationship, I have ...