The method of Austrian economics is praxeology, fundamentally grounded upon the action axiom. The axiom’s most popular justification is the performative contradiction inherent in attempting to refute it: to deny action is itself an action. Despite this logical strength, Ludwig von Mises acknowledged the importance of winning the “battle of ideas” to preserve the foundations of liberty. Hence, attempts to undermine it require forceful opposition.

[The Working Sovereign: Labor and Democratic Citizenship by Axel Honneth (Polity, 2024; x + 214 pp.)]