
Human Action: A Treatise on Economics Part 1
Mises Audio Books Podcast
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The Ineffable and the Unfathomable
No appeal to any historical or empirical considerations whatever can discover any fault in the proposition that men purposely aim at certain chosen ends. Praxiology and economics proceed step by step by means of discursive reasoning, precisely defining assumptions and conditions. They construct a system concepts and draw all the inferences implied by logically unassailable ratiocination. With regard to the results thus obtained, only two attitudes are possible. Either one can unmask logical errors in the chain of deductions which produce these results, or one must acknowledge their correctness and validity. It is vain to object that life and history are inscrutable and ineffable; human reason can never penetrate to their inner core.
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