Quotes About Praxeology

Praxeology exhibits subjectivism in that it takes actors' subjective ends as they exist in the minds of each person. By refraining from passing judgment on these ends, praxeology itself is objective.

Praxeology - economics - provides no ultimate ethical judgments: it simply furnishes the indispensable data necessary to make such judgments.

The task of the sciences of human action is the comprehension of the meaning and relevance of human action. They apply for this purpose two different epistemological procedures: conception and understanding. Conception is the mental tool of praxeology; understanding is the specific mental tool of history.