Season 5 Episode 9: In this clip, Tyrion explains to Hizdahr zo Loraq why he doesn’t approve of the fighting pit. Hizdahr retorts: “What great thing has ever been accomplished without killing or cruelty?” Tyrion then informs Hizdahr of the error in reasoning he made. Tyrion is making a normative claim about the fighting pits. Normative economics is about what the economy “ought to be.” Hizdahr is making a postive claim about the fighting pits. Positive economics is about what the economy is rather than what it ought to be. Positive economics can be thought of as fact while normative economics can be thought of as opinion.
