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Human Action: A Treatise on Economics Part 1

Mises Audio Books Podcast

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Experience of a Complex Phänomenon

Praceology is not drafting a plan for a future new science different from the traditional sciences of human action. We do not maintain that the theoretical science of human action should be a priori i but that it is and always has been. Every attempt to reflect upon the problems raised by human action is necessarily bound to aprioristic reasoning. It does not make any difference in this regard whether the men discussing a problem are theorists aiming at pure knowledge only or statesmen, politicians and regular sons eager to comprehend occurring changes.

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