Austrian Economics rests on the "Action Axiom". The Action Axiom is the idea that all individuals engage in action and purposeful behavior. Many critics of Austrian Economics understand that if they can disprove this idea, they can get rid of us pesky Austrians. The problem is that refuting this proposition is not so easy. Listen to today's episode to find out why.

Definition of a priori

Synthetic a priori proposition

Doubt the Action Axiom? Try to Disprove It

Tom Woods Liberty Classroom

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