praxeology Tag Posts Index

Why Economics is NOT a Science - Subjective Value and Praxeology Ludwig Von Mises

Check out the podcast here In this episode of the Podcast, we dive into Ludwig von Mises' progressive concept of praxeology - the have a look at of functional human

Bitcoin GAME THEORY bears fruits | Swiss' ZKB offers Bitcoin trading + Mastercard self-custody + game theory incentives

Switzerland’s 4th-largest bank, Zürcher Kantonalbank (ZKB), now offers Bitcoin trading and custody, partnering with Crypto Finance AG and also interesting: JUST

finally reaching 6k again | HPUD

finally reached 6k again :] yeaaaayyy boyy let's see how long I can hold it (this time) ^^ I already have been dolphin - and had to powerdown (to survive while being

West's old arrogance/ dominance - world is a stage | west vs east

(deutsch am Ende) some addition to yesterday's post The old arrogance of the West One has seen again very beautifully with the G7 summit. If we don't put the world

BRICS,

End of the US dollar: BRICS nations to unveil commodity-linked currency Ende des US-Dollars: BRICS-Staaten wollen rohstoff-gebundene Währung vorstellen Deputy head

Personal vs. Private Ownership

an introductory outline of the nature of personal and private ownership, defined using the most common economic views. Yes I know I pronounced Keynesian as

Kirchhoff haut raus

MUST WATCH Kirchhoff ist einfach sau gut. Bin großer Fan. Hätte mir vielleicht sogar überlegt zu studieren.. um ihn als Professor zu bekommen :D Zum Glück hat er

Information and Praxeology Outside Economics

I've been thinking about praxeology recently, especially as it pertains to information acquisition. This is a synthesis of two ideas that don't seem to come together

Peter Schiff is Wrong about BTC - Here's WHY He's Wrong

Schiff has long been an outspoken opponent of bitcoin as a money. His argument has pretty much been some form of the above tweet for years now. And $BTC has had

Review: Human Action

Ludwig von Mises' Human Action is an economic treatise that seeks to cover every major concept in economics. While it dates to the 1940s, its depth and breadth mean

A few comments on David Friedman's book, The Machinery of Freedom

Recently (finally, after years of professing to being an anarcho-capitalist!), I finished reading David Friedman's now classic book The Machinery of Freedom (the

Praxeology and the Method of Economics

Praxeology starts with fundamental axioms, then derives economic theory by working logically through a deductive process. As such, praxeology is at odds with logical

In Partial Defense of Deductive Economics (Austrian Economics Critique, Part 2)

In my prior criticism of Austrian economics ( I noted how you cannot reason your way to meaningful conclusions entirely a priori. That does not, however, mean that

The Fatal Flaw of Austrian Economics (Part 1)

Is Austrian economics' "action axiom" really that useful? The action axiom has been evaluated by most philosophers as true, but extremely abstract. Upon

Praxeology - Economics

“Praxeology - economics - provides no ultimate ethical judgments: it simply furnishes the indispensable data necessary to make such judgments.” -Murray Rothbard

Praxeology

“Praxeology - economics - provides no ultimate ethical judgments: it simply furnishes the indispensable data necessary to make such judgments.” -Murray Rothbard

Storms

Storms may come and rage long, but they never really last forever. Even the greatest storms that toss and grind and destroy so very much, move on and even die. And

Praxeology - Episode 1 - Introduction

Praxeology - Episode 1 - Introduction praxeology economics misus libertian

Economics

Economics is a social science that studies the production, distribution, trade and consumption of goods and services. It seeks to explain how economies work and

Ep 3: Aristotle's Souls in Biology & Economics

Transcript: Hello everybody and welcome to the 3rd episode of Paradigms Lost: A Theoretical Synthesis of Philosophical Pragmatism and Praxeological Economics. In