Misesian praxeology, which is concerned with the formal - TopicsExpress

Misesian praxeology, which is concerned with the formal relationship between means and ends in human action, is a comprehensive discipline that subsumes not only economics but other social sciences as well. Despite general agreement about the subject matter of economics, Mises argued that we cannot draw a bright line between economic actions and other types of goal-directed behavior. Since “choosing determines all human decisions,” we must base our analysis of economic activity on a “general theory of choice and preference.” Mises thus rejected the classical conception of “economic man” as unduly narrow. libertarianism.org/columns/social-laws-part-7

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