Lesson 1 of 11 · 6 minutes
What is praxeology?
Praxeology is the study of purposeful human action. It asks what must be true when someone chooses means to reach an end.
Situation
You planned to work out after dinner. Instead, you opened your phone and watched short videos for forty minutes.
What did the action reveal?
Answering is the main action. The other two controls open the distinctions without marking the lesson complete.
Goal, means, alternative
Pick one thing you did today. Name the end, the means, and the tradeoff without moralizing it.
Praxeology does not begin by judging the action. It begins by seeing its structure: actor, end, means, tradeoff, and chosen improvement.
Mises opens economics with the action axiom: human beings act purposefully. The site uses that as a practical lens before it becomes a historical doctrine. Open the source for this claim →
Connected lab
See the same distinction move.
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No graded answer