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Human Action: A Treatise on Economics Part 1

Mises Audio Books Podcast

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The History of the Sciences of Human Action

No bratory experiments can be performed with regard to human action. History can neither prove nor disprove any general statement. Complex phenomena in the production of which various causal ans are interlaced, cannot test any theory. Such phenomena become intelligible only through an interpretation in terms of theories previously developed from other sources. Praxiology is a theoretical and systematic, not a historical science. Its scope is human action as such. Irrespective of all en mental, accidental and individual circumstances of the concrete acts, its cognition is purely formal and general. It aims at knowledge valid for all instances in which the conditions exactly correspond to those implied in its assumptions. And inferences aren't derived from experience but

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