The intrinsic vagueness and difficulty in defining human action is a serious problem. This is why the Austrians focus on apparent and factual practicality. If there’s action there’s always reaction and these are, both, measurable elements. Pondering on dubious incentives is the slippery slope towards relativism.
The intrinsic vagueness and difficulty in defining human action is a serious problem. This is why the Austrians focus on apparent and factual practicality. If there’s action there’s always reaction and these are, both, measurable elements. Pondering on dubious incentives is the slippery slope towards relativism.