The relation between reason and experience, wrote Ludwig von Mises, has long been one of the fundamental philosophical problems. Like all other problems of the critique of knowledge, philosophers have approached it only with reference to the natural sciences. They have ignored the sciences of human action. Their contributions have been useless for praxeology. The real thing which is the subject matter of praxeology, human action, stems from the same source as human reasoning. Action and reason may even be called two different aspects of the same thing. That reason has the power to make clear through pure ratiocination the essential features of action is a consequence of the fact that action is an offshoot of reason. FULL ARTICLE
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