Difference between revisions of "Praxeology"
From Critiques Of Libertarianism
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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." | ||
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| + | 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. | ||
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