Praxeology or praxiology (from Ancient Greek πρᾶξις praxis, meaning 'deed, action', and λογία (logia), meaning 'study of') is the study of human action, based on the notion that humans engage in purposeful behavior, as opposed to reflexive behavior like sneezing and unintentional behavior. French social philosopher Alfred Espinas gave the term its modern meaning, and its study was developed independently by two principal groups: the Austrian school created by Ludwig von Mises and the Polish school created by Tadeusz Kotarbiński.
- Economics - Study of the production, distribution and consumption of goods and services
Biographical and bibliographical essay, discussing his life and work and delving into various aspects of Austrian economic theory as presented by Menger
Critically examines various Mises' writings on liberalism, democracy, the wisdom of the masses, special-interest politics, equal treatment under the law, anarchism, self-determination and of course economics
The introductory paragraph uses material from the Wikipedia article "Praxeology" as of 07 Oct 2018, which is released under the Creative Commons Attribution-Share-Alike License 3.0.