
Ep. 1984 Why Ludwig von Mises Mattered (and a Word on the Dopes Who Misunderstand Him)
The Tom Woods Show
00:00
The Importance of Action in the Market Place
Economists were able to draw out how economists actually went about constructing economic theory. A whole structure of economic theory was built on the insight that people act deliberately, that they behaved with a purpose. It would probably come as a surprise to most people that focusing on that is itself an advance. But i think a lot of people assume that is what economists do.
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