Praxeology is the deductive study of human action based on the action axiom. The most common use of the term is in connection with the Austrian School of economics. The term was coined by Austrian school economist Ludwig von Mises.
Who knew economics was so intertwined with individual human action, interrelational studies and psychology? I have a scholar's edition o Human Action by my bedside to help dull my mind for sleep as required. It could do with being split into volumes...
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