Praxeology

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Ludwig von Mises' anti-scientific, axiomatic, a priori methodology for supporting his preferred conservative political economy. Also used by Murray Rothbard, Hans-Hermann Hoppe and some other libertarians. Ignored by academia, promoted by the crank vanity press Ludwig von Mises Institute.

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On page 30 of "Epistemological Problems of Economics," Mises writes that "a proposition of an aprioristic theory can never be refuted by experience" (which is, of course, why real scientists don't use the approach Mises is advocating.) On page 858 of "Human Action," Mises claims that experience "can never... prove or disprove any particular theorem... The ultimate yardstick of an economic theorem's correctness or incorrectness is solely reason unaided by experience."

Mises is essentially saying that empiricism applied to Praxeology is a category error. But by that standard, applying Praxeology to the real world is also a category error, and one that all Austrian economists make whenever they make a policy recommendation of any sort.

Links

Act
A dog-whistle term that pretends to give a formal, axiomatic basis for Austrian Economics. This redefinition excludes much actual human economic behavior. Also "Action".
Deconstructing Ludwig von Mises [More...]
Finds severe contradictions in Mises' writings. "The fact that Mises made a direction confession, regarding the legitimacy of social conditioning, merely serves to undermine the claims of his morally-individualistic-philosophy."
Hans-Hermann Hoppe (10 links)
One of the more bizarre Austrian philosophers. A hypocrite for working as a state professor and for accepting ACLU defense of his professional freedom of speech. "There can be no tolerance toward democrats and communists in a libertarian social order. They will have to be physically separated and removed from society."
Mark Blaug was Right on Mises’ Method [More...]
Mark Blaug in his influential book The Methodology of Economics dismissed Ludwig von Mises’ later methodological work and apriorist praxeology as “so idiosyncratic and dogmatically stated that we can only wonder that they have been taken seriously by anyone”.
Mises on the Ricardian Law of Association: The Flaws of Praxeology [More...]
The alleged economic advantages of free trade claimed by Misesian praxeology and by Ricardo are simply false, because of the false hidden premises in the argument.
Mises' Praxeology: A Critique [More...]
Mises' supposedly a priori theory contained many unstated or hidden assumptions.
Philosophical Individualism (4 links)
Individualism is merely one viewpoint in an enormous hierarchy of viewpoints ranging from Planck length to the universe. Individualism as a tenet of a philosophy transforms that philosophy into a Procrustean bed that cannot model the real world well, because the real world is not based on individuals.
Scholasticism
A long-supplanted philosophical methodology that is preoccupied with "true" definitions of words, a priori knowledge, logic, deduction, system, and its literary form of syllogistic argumentation. Apriorism and avoidance of empiricism are characteristic.
Schuller’s Challenge to Misesian Apriorists has never been answered [More...]
George Schuller provided a devastating epistemological critique of Human Action's praxeology in 1951, that has never been answered. Easy to understand.
The Austrian Disease -- Poor Scholarship, a Priori Bias [More...]
Philip Pilkington says "Praxeology is to the libertarians as diamat was to the Marxist-Leninists; an a priori pseudo-philosophy that allows them to ignore unwelcome evidence and insulate themselves from criticism"

Quotations

...every discipline, as long as it used the Aristotelian method of definition, has remained arrested in a state of empty verbiage and barren scholasticism....
Karl Popper, "The Open Society and Its Enemies", 1950, p. 206.