3 ms·
> how much of its edifice is built upon the dubious notion of a "rational actor" This is not a tenet for the Austrian school of thought. In Human Action, Ludw
by RickHull 15y ago
> how much of its edifice is built upon the dubious notion of a "rational actor"
This is not a tenet for the Austrian school of thought. In Human Action, Ludwig von Mises establishes that humans reveal their preferences through action. There are no hangups about whether these preferences are "rational" or free of mistakes.