Philosophy and Methodology

Economic laws represent the real world. They are not ideologies or objects of worship. These laws are not the product of an ideological wish list but rather explain production and exchange.

Utopians are not satisfied with imposing DEI on humans. They also want the state to treat animals as “oppressed” minorities with positive rights. 

Human action is not a figment of our imaginations, nor is it a social construct. Praxeology describes real and purposeful actions by people who act on what they know or what they believe to be true.

While F.A. Hayek saw human ignorance as the basis for what he called spontaneous order, Ludwig von Mises saw human reason as the basis for praxeology.

Economic laws represent the real world. They are not ideologies or objects of worship. These laws are not the product of an ideological wish list but rather explain production and exchange.

Human action is not a figment of our imaginations, nor is it a social construct. Praxeology describes real and purposeful actions by people who act on what they know or what they believe to be true.

Utopians are not satisfied with imposing DEI on humans. They also want the state to treat animals as “oppressed” minorities with positive rights. 

How a person uses the right to associate (and to not associate) is a matter of individual choice profoundly influenced by the cultural context.

As the progressive Left expands its occupation of our institutions, the concept of truth itself becomes little more than a weapon to utilize to achieve political goals.

In this issue of the Misesian we celebrate seventy-five years of Human Action. Many of our top scholars examine the legacy of Human Action and find it continues to inspire new generations of economists, scholars, and students.