Explain friedman methodology of positive economics

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Discuss the following:

  • Briefly write and explain Friedman's methodology of "Positive Economics". Do you think the discrimination of economics as "normative" and "positive" is a logical move in building theory?
  • What are the main differences between Friedman's analysis of monetary economics and Post-Keynesian analysis?

Reference no: EM131293171

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Explain friedman methodology of positive economics : Briefly write and explain Friedman's methodology of "Positive Economics". Do you think the discrimination of economics as "normative" and "positive" is a logical move in building theory?
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