4 Comments

Nice overview of human action and various other topics of interest in Austrian economics (time preference, natural rights, etc.). I especially liked the distinction between what people profess versus how they actually behave as a means to discern their values.

Hopefully, some folks who have not yet been exposed to Austrian economics will read this.

Expand full comment

Thank you! I find it really interesting to observe people saying one thing and doing the exact opposite.

Expand full comment

Thank you for an interesting article. Let me note on the marhin that a related but independent concept of praxeology was developed by Tadeusz Kotarbiński, a member of the Lvov-Warsaw school of analytic philosophy. He was interested in establishing principles of a scientific theory of effective and efficient work. Kotarbiński's book on that subject was translated to English buy it did not find much resonance. I'm not able to judge whether this was deserved or not. Kotarbiński was a stylist in Polish but his texts were full of elegant archaic expressions. While reading them, one has an impression of something noble but terribly anachronistic, regardless of possibly revolutionary content of praxeology.

Best, JKiii

Expand full comment

Thanks for sharing that! I have never heard of him. From my short research, whereas Mises focuses on economical implications, Kotarbiński seems to take a more practical view of human action.

Expand full comment