Praxeology

Praxeology rests on the fundamental axiom that individual human beings act, that is, on the primordial fact that individuals engage in conscious actions toward chosen goals.

In the sciences of human action, it is impossible to test conclusions. The “facts” of human history are complex ones, resultants of many causes. These causes can only be isolated by theory, theory that is necessarily a priori to these historical facts.

What does it mean to say that a person is entitled to own what he has produced? Israel Kirzner answers the question by way of explaining the function of entrepreneurship.

The latest exploits of Lance Armstrong in this year's Tour de France, writes Jim Fedako, provide a solid backdrop for discussions contrasting the economic ideas of the Austrian School and the adherents of Public Choice.

Recorded at Mises University 2004.

The increased liberalization of world trade, writes Stefan Karlsson, has increased the scope of international division of labor and permanently helped raise growth in the world as a whole.

What inspires us about the life of Mises, writes Lew Rockwell, is not his victimhood but his triumph over evil.

This year marks the 100th anniversary of Ayn Rand's birth. Her books sold in the millions and were most effective in transforming a generation of readers into ardent anti-communists and strong capitalists.

Presented as part of the Brown Bag Seminar series. Recorded at the Mises Institute in Auburn, Alabama, on 3 March 2005.