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Positive economics is sometimes defined as the economics of "what is", whereas normative economics discusses "what ought to be". The distinction was exposited by John Neville Keynes ()  and elaborated by Milton Friedman in an influential essay.
· Milton Friedman's book Essays in Positive Economics () is a collection of earlier articles by the author with as its lead an original essay "The Methodology of Positive Economics." This essay posits Friedman's famous, but controversial, principle (called the F-Twist by Samuelson) The Methodology of Positive Economics · Place in economic methodology · Notesbalmettes.com · Essays in Positive Economics has 86 ratings and 5 reviews.
Stimulating, provocative, often infuriating, but well worth reading.—Peter Newman, Economica Essays in Positive Economics has 86 ratings and 5 reviews. Stimulating, provocative, often infuriating, but balmettes.com /show/Essays_in_Positive_Economics.
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