3min chapter

Free Cities Podcast cover image

030 - Knut Svanholm: Seafaring, Praxeology & Bitcoin Spirituality

Free Cities Podcast

CHAPTER

The Difference Between Prexiology and Austrian Economics

Praxiology is a study of human action. It doesn't care about why people have a specific goal, why they have the goals they have. Prexiology acknowledges that the hardware store will make money from selling you a rope to hang yourself. Austrian economics seldom talks about us being engaged in trade when we talk to one another. That's I think that's the distinction.

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