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Human Action: A Treatise on Economics Part 1

Mises Audio Books Podcast

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What Is an Ideal Type?

Historical events have one common feature, they are human action. The aspect from which history arranges and assorts the infinite multiplicity of events is their meaning. An ideal type has nothing at all to do with statistical means and averages. It must be characterized by an enumeration of those features whose presence decides whether or not a specimen belongs to it.

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