Thursday, January 12, 2012

Mises: Action is purposive conduct. It is not simply behavior, but behavior begot by judgments of value,...

“Action is purposive conduct. It is not simply behavior, but behavior begot by judgments of value, aiming at a definite end and guided by ideas concerning the suitability or unsuitability of definite means. . . . It is conscious behavior. It is choosing. It is volition; it is a display of the will.”

-Ludwig von Mises, The Ultimate Foundation of Economic Science p. 34

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