Praxeology

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Ralph Raico

The role of the intellectual is a perennial question. Why do they act the way they do? Why are they hostile to the free market? Is the state really virtuous and the market really vicious? Mises thought the anti-capitalist mentality was rooted in envy. He also thought our entire culture was soaked in contempt for money-making.

Robert P. Murphy

When we really study the action axiom, writes Robert Murphy, we see that it summarizes an incredibly complicated, and tremendously important, fact about the world. In order to succeed in the present environment, it is simply indispensable for each of us to attribute intentions and reason to other beings. To put it simply, if you want to get anywhere in life, you have to assume that other humans act.