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Understanding the Action Axiom: How It Shapes the Structure of Society
Manage episode 446562732 series 2663738
Central to the paradigm of Austrian Economics is the action axiom. People act, and they act purposefully. That knowledge alone permits us to construct an entire set of theories that explains economic life.
Original article: Understanding the Action Axiom: How It Shapes the Structure of Society
1390 episoade
Manage episode 446562732 series 2663738
Central to the paradigm of Austrian Economics is the action axiom. People act, and they act purposefully. That knowledge alone permits us to construct an entire set of theories that explains economic life.
Original article: Understanding the Action Axiom: How It Shapes the Structure of Society
1390 episoade
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