Human action is purposeful action

posted by
August 21, 2011
Ludwig von Mises Institute
by Thorsten Polleit  
Posted in Commentary

"One of the implications that can be logically deduced from the irrefutably true axiom of human action is that human action is purposeful (or conscious) action — action that is directed at attaining certain ends. This insight is essential for fully understanding Mises's reconstruction of economics as a formal-logical science (praxeology, as he called it), and all the implications that can be deduced from it." (08/19/11)  

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