Language economics as a discipline has been developed, however, the problem that the language economics studies; the approach to the study and the status of research are ignored by the people. The author divided the language of economics into four generations to address the problems that every generation of the economics of language studies and stated the links among the generations. This paper concluded with a discussion of the economics of language whether the problem has a unified paradigm, and operational technical line to make the discipline of academic research have a stronger normative. Certainly, the importance of the language as well as flexible approach about economics will enable the rapid development of this discipline.