Category Archives: Learning Praxeology

Praxeology – The Purchasing Power of Money

“Monetary calculation is not the calculation, and certainly not the measurement, of value. Its basis is the comparison of the more important and the less important. It is an ordering according to rank, an act of grading, and not an … Continue reading

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Praxeology – Monopoly

So, what is a monopoly? How do they exist? Are they bad? Praxgirl’s series continues as we define the term and see if it fits into our understanding of a free market economy. Continue reading

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Praxeology- Market Prices

Praxgirl’s series continues as she explains Mises’ view on market prices and what determines prices of goods and services. Continue reading

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Praxeology- Economic Progress

Capitalism is essentially a system of mass production for the satisfaction of the needs of the masses. It pours a horn of plenty upon the common man. Continue reading

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Praxeology- Entrepreneurship

Praxgirl’s series continues as we learn about entrepreneurship. Continue reading

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Praxeology- Competition

Praxgirl’s series continues as she defines the concepts of freedom and competition. Continue reading

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Praxeology- The Market

It is important to remember that the market is a collection of individuals and their actions. Continue reading

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