We study economics based on objective analysis—on what we can demonstrate to be true with data. We focus on what has been occurring in the economy as the basis for future statements. We concentrate on how the economy functions and how the linkages cause changes across markets, individuals, businesses and nations.
We do not impose value judgments as normative economics does. Positive economics is the economics of “what is,” whereas normative economics discusses “what ought to be.” We are not contrarians. We stick to the numbers and the data, and are not driven by emotionalism, politics, or agenda. We are led by scientific methodology and not partisan ideology.
