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Human Action: A Treatise on Economics Part 1

Mises Audio Books Podcast

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The Historical Ideal Type Entre Prenur

An ideal type can therefore never be a simple adoption of a praceological concept. It happens in many instances that a term used by praceology to signify a pracological concept serves to signify an ideal type for the historian. History has little use for a general ideal type fentre prenur. What economic history establishes for its ideal types can differ according to the particular circumstances, countries, branches of business and many other conditions. The two terms connote different things. They are homonyms.

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