The Distinction Between Economic and Non Economic Motives of Human Action

The scope of praceology is the explication of the category of human action. Modern subjective economics starts with the solution of the apparent paradox of value. It treats the inexorable categories of everybody's action. Its theorems concerning commodity prices, wage s and interest rates refer to all these phenomena without any regard to the motives causing people to buy or to sell. All that is needed for the deduction of all praceological theorems is knowledge of the essence of human action - a knowledge that is our own because we are men.