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One current school of thought claims to have bridged the gap by por traying economics as both positive and normative. However, this inter pretation is inadequate. The positive aspect of economics, reflecting an approach common in the natural sciences, is based on observable facts.
When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.