Praxeology

The saying that things may work nicely in theory, but do not necessarily work in practice is well known, but there's good theory and bad theory.

Economics is <em>not</em> a dry subject. It is <em>not</em> a dismal subject. It is <em>not</em> about statistics. It is about human life.

Living Economics by Peter J. Boettke merits the attention of all students of Austrian economics.

Praxeology is the distinctive methodology of the Austrian School.

A particularly outstanding feature of J.B. Say's treatise is that he was the first economist to think deeply about the proper methodology of his discipline.

If we had to condense Ludwig von Mises's methodological position, we would have to phrase the question as follows: "How is economics possible?"

In the following I present an a priori justification for the thesis that those means recommended by political economy are indeed efficient means for just ends.

What is the logical status of the law of marginal utility or of the quantity theory of money? To answer this, Mises had to confront empiricism and historicism.

From Power and Market, narrated by Jeff Riggenbach.