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Praxeology in mises’s work

Author

Listed:
  • Cosma Sorinel
  • Ionel Marian

    („Ovidius” University of Constanta Faculty of Economic Science Constanta, Romania)

Abstract

Praxeology is the science of human action and conduct. It is the study of those aspects of human action that can be grasped a priori; in other words, it is concerned with the conceptual analysis and logical implications of preference, choice, means-end schemes, and so forth. Praxeology consists of the logical implications of the universal formal fact that people act, that they employ means to try to attain chosen ends. Technology deals with the problem of how to achieve ends by adoption of means. Psychology deals with the question of why people adopt various ends and how they go about adopting them. Ethics deals with the question of what ends, or values, people should adopt. And history deals with ends adopted in the past, what means were used to try to achieve them-and what the consequences of these actions were.

Suggested Citation

  • Cosma Sorinel & Ionel Marian, 2008. "Praxeology in mises’s work," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, vol. 1(10), pages 125-131, April.
    • Handle: RePEc:aio:rteyej:v:1:y:2008:i:10:p:125-131
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    More about this item

    Keywords

    Praxeology; economics; human action; decision; satisfaction; error;
    All these keywords.

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines

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