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Praxeology – the Science of Human Action

August 9, 2010

“The field of our science [praxeology] is human action, not the psychological events which result in an action. It is precisely this which distinguishes the general theory of human action, praxeology, from psychology. The theme of psychology is the internal events that result or can result in a definite action. The theme of praxeology is action as such.”

— Ludwig von Mises, Human Action, Chapter I, 1. Purposeful Action and Animal Reaction, p. 11-12

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