Praxeology

In philosophy, praxeology or praxiology (Template:IPAc-en; Template:Etymology) is the theory of human action, based on the notion that humans engage in purposeful behavior, contrary to reflexive behavior and other unintentional behavior.

French social philosopher Alfred Espinas gave the term its modern meaning, and praxeology was developed independently by two principal groups: the Austrian school, led by Ludwig von Mises, and the Polish school, led by Tadeusz Kotarbiński.<ref>Template:Cite book</ref>

Origin and etymology

Coinage of the word praxeology (praxéologie) is often credited to Louis Bourdeau, the French author of a classification of the sciences, which he published in his Théorie des sciences. Plan de science intégrale in 1882:<ref name="Ostrowski1968">Template:Cite journal</ref>

However, the term was used at least once previously (with a slight spelling difference), in 1608, by Clemens Timpler in his Philosophiae practicae systema methodicum:

It was later mentioned by Robert Flint in 1904 in a review of Bourdeau's Théorie des sciences.<ref name=Ostrowski1968/><ref>Template:Cite book</ref>

Ludwig von Mises was influenced by several theories in forming his work on praxeology, including Immanuel Kant's works, Max Weber's work on methodological individualism, and Carl Menger's development of the subjective theory of value.<ref>Template:Cite journal</ref>

Philosopher of science Mario Bunge published works of systematic philosophy that included contributions to praxeology.<ref name="Bunge">Template:Cite book</ref>Template:Rp

Austrian economics

Template:Austrian School sidebar Austrian economics in the tradition of Ludwig von Mises relies heavily on praxeology in the development of its economic theories.<ref name="rothmeth">Template:Cite book</ref> Mises considered economics to be a sub-discipline of praxeology.<ref name="Misestandh">Template:Cite book</ref> Austrian School economists, following Mises, use praxeology and deduction, rather than empirical studies, to determine economic principles. According to these theorists, with the action axiom as the starting point, it is possible to draw conclusions about human behavior that are both objective and universal. For example, the notion that humans engage in acts of choice implies that they have preferences, and this must be true for anyone who exhibits intentional behavior.<ref>Template:Cite book</ref>

Advocates of praxeology also say that it provides insights for the field of ethics.<ref>Rothbard, Murray N. "Praxeology, value judgments, and public policy." The Foundations of Modern Austrian Economics (1976): 89–114.</ref>

Subdivisions

In 1951, Murray Rothbard divided the subfields of praxeology as follows:

A. The Theory of the Isolated Individual (Crusoe Economics)

B. The Theory of Voluntary Interpersonal Exchange (Catallactics, or the Economics of the Market)

1. Barter

2. With Medium of Exchange

a. On the Unhampered Market

b. Effects of Violent Intervention with the Market

c. Effects of Violent Abolition of the Market (Socialism)

C. The Theory of War – Hostile Action

D. The Theory of Games (Game theory) (e.g., von Neumann and Morgenstern)

E. Unknown

At the time, topics C, D, and E were regarded by Rothbard as open research problems.<ref>Murray N. Rothbard. "Praxeology: Reply to Mr. Schuller", American Economic Review, December 1951, pp. 943–946.</ref>

Criticisms

Thomas Mayer has argued that, because praxeology rejects positivism and empiricism in the development of theories, it constitutes nothing less than a rejection of the scientific method. For Mayer, this invalidates the methodologies of the Austrian school of economics.<ref name="Mayer1998">Template:Cite journalTemplate:Subscription required</ref><ref name="Newton1999">"Rules for the study of natural philosophy", Template:Harvnb, from Book 3, The System of the World.</ref> Austrians argue that empirical data itself is insufficient to describe economics; that consequently empirical data cannot falsify economic theory; that logical positivism cannot predict or explain human action; and that the methodological requirements of logical positivism are impossible to obtain for economic questions.<ref name="EpProbs">Template:Cite book</ref><ref name="rothmeth" /> Ludwig von Mises in particular argued against empiricist approaches to the social sciences in general, because human events are unique and non-repeatable, whereas experiments in the physical sciences are necessarily reproducible.<ref name="EpProbs" />

However, economist Antony Davies argues that because statistical tests are predicated on the independent development of theory, some form of praxeology is essential for model selection; conversely, praxeology can illustrate surprising philosophical consequences of economic models.<ref>Template:Cite web</ref>

Argentine-Canadian philosopher Mario Bunge dismissed von Mises's version of praxeology as "nothing but the principle of maximization of subjective utility—a fancy version of egoism".<ref name="Bunge" />Template:Rp Bunge, who was also a fierce critic of pseudoscience, warned that when "conceived in extremely general terms and detached from both ethics and science, praxiology has hardly any practical value".<ref name="Bunge" />Template:Rp

See also

• Action theory (philosophy)
• Action theory (sociology)
• Axiology
• Behavioral economics
• Behavioral ethics
• Decision theory
• Epistemology
• Methodological individualism
• Philosophy of economics
• Philosophy of social science
• Rationalism
• Thymology

Further reading

Austrian school

• Template:Cite journal
• Template:Cite encyclopedia

Polish school

• Gasparski, Wojciech W. (1992–). Praxiology: The International Annual of Practical Philosophy and Methodology. New Brunswick, NJ: Transaction Publishers. Template:OCLC
• Template:Cite book