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170. Introduction And Chapter 1 From Principles of Economics

The Bitcoin Standard Podcast

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The Primality of Human Actions

Mises: Man is not a being who cannot help yielding to the impulse that most urgently asks for satisfaction. One understands the material world far better if one studies it as the product of human reason and action, writes Mises. Attempts to explain social phenomena through reference to physical objects are ultimately futile says Mises. It is not the stars nor abstract nouns and entities that act, but individuals.

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