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Human Action: A Treatise on Economics Part 1

Mises Audio Books Podcast

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The Concept of Time

The praxeological system, too is a prioristic and deductive as a system. It is out of time, but change is one of its elements. Action is always directed toward the future. Man becomes conscious of time when he plans to convert a less satisfactory present state into a more satisfactory future state. The uneasiness that impels a man to act is caused by a dissatisfaction with expected future conditions.

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