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134. Praxeology in One Lesson with Conza

The Bitcoin Standard Podcast

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The Importance of Praxeology

Praxeology is a body of economic knowledge, which Mises referred to as one branch. It covers essentially it's a regularity of phenomena with regard to the interconnectedness of means and ends. Graz: praxeology consists of really two elements, the fundamental axioms and then one being human action. If they're all building on a proper axiom, human action, that individuals, you know, act use to suit valued ends with scarce means. And so men's freedom to choose is restricted in a threefold way.

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