Difference between revisions of "Act"

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This redefinition is one of the ways Austrians systematically exclude numerous real-world factors and much modern psychological science.  It also has the ideological benefit of excluding most other economic thought, which contributes to maintaining the isolation of the believers.
 
This redefinition is one of the ways Austrians systematically exclude numerous real-world factors and much modern psychological science.  It also has the ideological benefit of excluding most other economic thought, which contributes to maintaining the isolation of the believers.
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When criticized for such redefinitions, a common defense is to provide caveats that allow indefinitely extended (and thus inconclusive) argument.  Here is an example from Mises' ''Human Action'':
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"The fact that an action is in the regular course of affairs performed spontaneously, as it were, does not mean that it is not due to a conscious volition and to a deliberate choice. Indulgence in a routine which possibly could be changed is action."
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These caveats remove all the logical strength of the original definition, and make any particular case a matter of authority about whether or not the term applies.

Revision as of 13:31, 28 November 2010