“Praxeology is a theoretical and systematic, not a historical, science. Its scope is human action as such, irrespective of all environmental, accidental, and individual circumstances of the concrete acts. Its cognition is purely formal and general without reference to the material content and the particular features of the actual case. It aims at knowledge valid for all instances in which the conditions exactly correspond to those implied in its assumptions and inferences. Its statements and propositions are not derived from experience. They are, like those of logic and mathematics, a priori. They are not subject to verification or falsification on the ground of experience and facts.”
― Ludwig von Mises, Human Action: A Treatise on Economics
Ludwig von Mises
Ludwig Heinrich Edler von Mises was an Austrian-American theoretical Austrian School economist. Mises wrote and lectured extensively on behalf of classical liberalism. He is best known for his work on praxeology, a study of human choice and action. Wikipedia
Born: September 29, 1881, Lviv, Ukraine
Died: October 10, 1973, New York City, New York, United States
School or tradition: Austrian School
Education: University of Vienna
- If history could teach us anything, it would be that private property is inextricably linked with civilization.
- Whoever wishes peace among peoples must fight statism.
- Society has arisen out of the works of peace; the essence of society is peacemaking.