It's more of a religion than a useful tool: https://en.wikipedia.org/wiki/Praxeology https://en.wikipedia.org/wiki/Praxeology >Austrian economics relies heavil

It's more of a religion than a useful tool: https://en.wikipedia.org/wiki/Praxeology https://en.wikipedia.org/wiki/Praxeology >Austrian economics relies heavily on praxeology in the development of its economic theories. Austrian School economists continue to use praxeology and deduction, rather than empirical studies, to determine economic principles.