Introduction

Thorsten Polite is chief economist at Europe's largest precious metals trading house. He teaches, tell me again where you teach? Well, at the University of Byloid. How in heaven's name do we spell that? Many people know it because Richard Wagner, the great composer, lived there and worked there. The logic of human action is basically an a priori theory. It provides us with knowledge, which cannot be refuted. Otherwise we run into a logical contradiction.