The "What is Money?" Show cover image

Economic Science and the Austrian Method with Knut Svanholm (WiM390)

The "What is Money?" Show

00:00

Action as the Axiom in Economics

This chapter explores the concept of action as the fundamental axiom in economics. The speakers discuss how all economic theorems can be deduced from the axiom of action and explain that even attempting to refute it is an action in itself.

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