Students sometimes have trouble sorting out economic facts from economic opinions. Find two articles from a newspaper (e.g., U.S.A. Today, The Wall Street Journal, or The New York Times) or magazine (e.g., The Economist or Forbes) and provide, for each article, one example of either positive or normative economic statements and explain the rationale behind each example. Please remember to share the title and the hyperlink with the class--note that the word limit only applies to the rationale, it does not apply to the quote or the headline.

Helpful hint: one way of distinguishing between normative or positive economic statements is to ask whether these represent value judgments or testable facts, respectively. Common tip-offs to a normative statement are the use of expressions such as should, must, or ought. Now understand that positive economic statements may be incorrect! The correctness of the statement is NOT what matters and it is not relevant for the distinction between normative and positive economic statements.

The max word is 150