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Distinction or Dichotomy: Rethinking the Line between Thymology and Praxeology

21 Pages Posted: 17 Dec 2011  

Don Lavoie

affiliation not provided to SSRN

Virgil Henry Storr

George Mason University - Department of Economics; George Mason University - Mercatus Center; University of Arizona Center for the Philosophy of Freedom

Date Written: January 7, 2011

Abstract

The aim of this paper is to critically reexamine Ludwig Mises’ attempt to separate the psychological aspects of understanding (thymology) from the “science of action” (praxeology). There are, we contend, legitimate distinctions between theory, on the one hand, and, on the other, psychology or history. But, there is no need to dichotomize them from one another in the way Mises sometimes did.

Keywords: Thymology, Praxeology, Hermeneutics, Mises, Methodology of the Austrian School

Suggested Citation

Lavoie, Don and Storr, Virgil Henry, Distinction or Dichotomy: Rethinking the Line between Thymology and Praxeology (January 7, 2011). Review of Austrian Economics, Vol. 24, No. 2, p. 213, 2011. Available at SSRN: https://ssrn.com/abstract=1973646

Don Lavoie

affiliation not provided to SSRN ( email )

Virgil Henry Storr (Contact Author)

George Mason University - Department of Economics ( email )

4400 University Drive
Fairfax, VA 22030
United States

HOME PAGE: http://virgilstorr.org/

George Mason University - Mercatus Center ( email )

3434 Washington Blvd., 4th Floor
Arlington, VA 22201
United States

HOME PAGE: http://virgilstorr.org/

University of Arizona Center for the Philosophy of Freedom ( email )

Tucson, AZ 85721
United States

HOME PAGE: http://virgilstorr.org/

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