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Understanding the Action Axiom: How It Shapes the Structure of Society
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
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By Mises Institute
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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
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