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Positive vs. Normative Economics: What's the Difference?Positive vs. Normative Economics: An Overview Economics is a field that exists between scientific objectivity and subjective interpretation. Suppose a policymaker is trying to decide whether a ...
E. K. Hunt, The Normative Foundations of Social Theory: An Essay on the Criteria Defining Social Economics, Review of Social Economy, Vol. 63, No. 3, The Best of the "Review of Social Economy": ...
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