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30 sats \ 4 replies \ @Rothbardian_fanatic 14 Apr \ parent \ on: "Americans would be better off working in a factory" vs "I would" econ
Perhaps my memory of these thing is incorrect but isn’t catallactics the Misesian name for economics? Where the broader study of human action is praxeology? It has been a while since I read Human Action and Man, Economy, and State with Power and Market so my memory may be less than accurate.
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20 sats \ 3 replies \ @Undisciplined 14 Apr
You remember that correctly. Catallactics is the study of human action in market settings, which is also what the academic field focused on during Mises' time.
Modern day economists study things beyond market contexts.
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23 sats \ 2 replies \ @Rothbardian_fanatic 14 Apr
Of course, they are also studying state action which is, precisely, not human action. It is an institutional program of pillaging, according to Bastiat and others.
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20 sats \ 1 reply \ @Undisciplined 14 Apr
Similarly, economics of crime
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34 sats \ 0 replies \ @Rothbardian_fanatic 14 Apr
Right!! But isn’t that just saying a redundancy? Crime is crime, no matter the color of the shoes someone is wearing.
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