Praxeology

Displaying 1 - 10 of 351

State-Mandated Vaccines Are a Moral Minefield

HealthPraxeology

Blog02/13/2021

Forcing one person to take medication or vaccines for the benefit of another person is directly opposed to basic notions of self-ownership and human rights. 

Read More

Carl Menger and the Sesquicentennial Founding of the Austrian School

History of the Austrian School of EconomicsPraxeologyValue and Exchange

Blog01/14/2021

With his Principles of Economics Carl Menger not only laid the foundation for the Austrian school itself but for its continuing development to this day.

Read More

Mises and Philosophical Minimalism

Philosophy and MethodologyPraxeology

Blog01/01/2021

Mises defends praxeology using philosophical minimalism, that is, by sticking to the core fact that people act and make choices.

Read More

Quantitative Methods in Economics Can Describe—but Not Explain—Events

Philosophy and MethodologyPraxeology

Blog12/19/2020

Human action cannot be analyzed in the same way that one would analyze objects. These quantitative methods do not improve our knowledge of the driving causes in economics.

Read More

Mises's Vision for Value-Free Economics

Philosophy and MethodologyPraxeology

Blog12/18/2020

If you say to someone that he won’t get what he is aiming for by using the means he has chosen, you aren’t making a value judgment yourself. You are making a strictly scientific statement. 

Read More

The Genius of Mises's Action Axiom

Praxeology

Blog10/06/2020

It is through action that our subjective valuations become measurable in objective reality. This is why the action axiom is an irreplaceable launch pad for economic thinking.

Read More

The Forgotten Greatness of Rothbard’s Preface to Theory and History

History of the Austrian School of EconomicsPhilosophy and MethodologyPraxeology

Blog06/24/2020

Providing the opening for Mises’s great methodological work gave Rothbard the opportunity to set down his perspective on the importance of the praxeological method.

Read More

Why You Should Read Human Action—Very Carefully

Philosophy and MethodologyPraxeology

Blog06/18/2020

Mises's Human Action is essential reading for any aspiring economist. But there can also be some pitfalls if we read it too casually.

Read More

Nozick Once Again

Calculation and KnowledgePhilosophy and MethodologyPraxeology

Blog05/29/2020

If time preference is genetically built into humans, are they double discounting future goods? Does this mean people should stop trying to weigh time in their calculations?

Read More

Robert Nozick on Austrian Economics

Philosophy and MethodologyPraxeology

Blog05/08/2020

It isn’t a good argument against Austrian economics that someone might come up with a science that made better predictions. You have to show us the science, so that it can be compared with praxeology. Suffice it to say that this hasn’t been done.

Read More
Shield icon library