2min chapter

The "What is Money?" Show cover image

Praxeology: The Study of Human Action with Knut Svanholm (WiM332)

The "What is Money?" Show

CHAPTER

The Axis of Action in Austrian Economics

One of the axioms of Austrian economics is man must act. And we to try and argue against that, right, that's called the axiom of action. Therefore, it is axiomatic in that it cannot even be refuted. Do you even try and refute the argument? So therefore, it becomes like this foundational presupposition to the entire. To every size of a. Yes. The size of human action. Yeah. If I was to dispute the man must act axiom, it would be that a human being could just be acting on instinct all the time. But that sort of is that even a human being, a creature that does that,. Like the only thing that

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