Choosing Determines All Human Decisions

In making his choice, man chooses not only between various material things and services, all human values are offered for option. The dern theory of value widens the scientific horizon and enlarges the field of economic studies. No treatment of economic problems proper can avoid starting from acts of choice. Economics becomes a part, although the hitherto best elaborated part, of a more universal science. Praxiology two, the epistemological problem of a general theory of human action. In the new s, everything seemed to be problematic. All ends and all means, both material and ideal issues, the sublime and the base, the noble and the ignoble, are ranged in a single row.