Praxeology

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Praxeology. 1 connected concept: Austrian school of economics (related to).

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Community · Austrian school of economics

Summary

In philosophy, praxeology is the theory of human action, based on the notion that humans engage in purposeful behavior, contrary to reflexive behavior and other unintentional behavior.

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Connections1

Methodological framework of the Austrian School
This is the deductive study of human action, which the Austrian School uses to derive economic laws from the axiom that humans act purposefully.
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