What characterizes a normative statement?

A normative statement is characterized by expressing a judgment about what is desirable or what ought to be. It often involves opinions, values, or beliefs about economic policies or outcomes, rather than objective facts. For example, saying "The government should provide free healthcare for all" reflects a normative viewpoint about what is considered desirable. This contrasts with positive statements, which are based on objective analysis and can be tested or verified.

In this context, the focus on judgment in normative statements highlights that they are subjective and reflect personal or societal values regarding economic issues. This trait distinguishes them from statements strictly based on data or facts, those that can be experimentally verified, or those that directly reflect specific policies without making a value judgment.