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NOTE On Praxeology and the Praxeological Foundation of Epistemology: IV

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on Praxeology and the Praxeological Foundation of Epistemology

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Section 4

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In establishing the place of praxeology proper, I have come full circle in outlining the system of rationalist philosophy as ultimately grounded in the action axiom.

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It has been my goal here to reaffirm Mises' claim that economics is praxeology, that the case for praxeology is an indisputable one,

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and that empiricist or historicist-hermeneuticist interpretations of economics are self-contradictory doctrines.

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And it has been my objective to indicate that the Misesian insight into the nature of praxeology

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also provides the very foundation on which traditional rationalist philosophy

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can be successfully reconstructed and systematically integrated.

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For the rationalist philosopher, this would seem to imply that he should take account of praxeology,

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For it is precisely the insight into the praxeological constraints on the structure of knowledge,

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which provides the missing link in his intellectual defense against skepticism and relativism.

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For the economist in the tradition of Mises, it means, I claim, that he should explicitly

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come to recognize his place within the wider tradition of Western rationalism, and that

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he should learn to incorporate the insights provided by this tradition in order to construct

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an even more impressive and profound case for praxeology and Austrian economics than the one made by the great Mises himself.