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A praxeological theory of interpersonal action. This theory is a proposed extension of Misesian praxeology into the realm of direct, person-to-person social interaction. The goal of praxeology is to discover and to make explicit “exact laws” of human action of the general form “if you do...
Persistent link: https://www.econbiz.de/10014136882
In this essay it is argued 1) that Ludwig von Mises's conception of thymology refers to the content of mental actions, and 2) that by Mises's own theory, standard economic propositions are not a priori propositions
Persistent link: https://www.econbiz.de/10014136883
One of the pillars of Hayekian social thought is Hayek’s contention that study of the market cannot be a priori. But Hayek seems not to have realized the implications of his own conception of the Pure Logic of Choice. He didn’t realize that the method of deductive analysis he envisioned...
Persistent link: https://www.econbiz.de/10014136884